As Axios tries to point out, there is a growing crypto battle between decentralization purists and a newer generation who doesn't mind the presence of central companies like Ripple (or, coming soon, Facebook). Could this be a sign of the skirmishes to come?
The big picture: If successful, it would mark a major win for proponents of decentralized blockchain and help Valor achieve its goal of deploying a digital remittance system for developing countries. It also would be a massive loss for Ripple and possibly launch copycat attacks on other cryptocurrencies. Read more toggleShow less Go deeper452 Words Before continuing, two very important notes: We have no idea if Valor will succeed. Not only in its mission, but in even developing the code and raising the capital necessary to try.We don't know if some of this information has been leaked to us, either directly or indirectly, by short-sellers who are hoping to drive down the price of XRP. We also don't know if those involved with Valor have XRP exposure.