XRP community figure Vincent Scott shared a passionate message on X, describing XRP and the XRP Ledger as humanity’s “best chance” to reform the global financial system.
Scott pointed to Ripple’s ongoing licensing efforts, acquisitions, and partnerships as clear signs that the company is strategically positioning XRP for large-scale demand.
He noted that the digital asset’s true value lies in its ability to transmit value efficiently, whether as gas for transactions or as a bridge currency for global payments.
Economic and Political Implications
According to Scott, XRP’s utility could reshape how money moves around the world by reducing fraud, increasing competition, speeding up settlements, and potentially eliminating the need for massive foreign reserves.
However, he also acknowledged that such innovation faces resistance because a decentralized payment and reserve system “ruins the existing power structure.”
Laws as the Final Gate
Meanwhile, Scott reiterated that nothing significant will happen until regulatory laws are fully in effect. In September, Rep. French Hill, chair of the House Financial Services Committee, said Congress could pass the CLARITY Act by the end of the year if the Senate acts.
Amid this, Scott urges the community to remain patient, avoid hype, and continue learning about the broader implications of blockchain technology.
He encouraged proponents to study, share knowledge, and help others understand XRP’s potential. In parallel, he reaffirmed his commitment to stand with the community “until we all walk through the gate together.”
XRP Community Reactions
Following Scott’s post, several members of the XRP community shared their perspectives. Nenad Stojkovic said Ripple stands out from other crypto companies because of its strong infrastructure, regulatory progress, and global reach. He called Ripple the only “serious financial company” in crypto, a point Scott agreed with, replying, “Correct.”
User SonOfRichard argued that Ripple’s new product, Ripple Prime, could boost XRP even before new laws take effect since it is already compliant. However, Scott disagreed, saying progress still depends on clear legal frameworks: “No, [it] needs law.”
No
Need law— VincentScott (@VincentSco72192) October 26, 2025
Meanwhile, Tommy Raz criticized Ripple’s leadership, questioning CEO Brad Garlinghouse, co-founder Chris Larsen, and CTO David Schwartz.
Scott defended them, saying they remain committed to Ripple’s mission and are making sound strategic decisions. He explained that Garlinghouse’s optimism aligns with his role as CEO.
As for Schwartz, he believes his online tone is often misunderstood, noting, “People read too much into what a computer guy posts”. Scott concluded by saying, “After the laws, we will see the proof.”
They are all dedicated to the company and making the right moves
Thats all I care about and After the laws we will see the proof of it
Brad is a CEO he has to be upbeat (thats his job ya know)
David? I think he has either been trolling those people, or those people read too…— VincentScott (@VincentSco72192) October 27, 2025
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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