If Ripple went down this moment, XRP would still exist. They only own 8% of the validator nodes so they Cannot make sweeping decisions for the whole ledger. More than half is in escrow too.

Even if it's not a true crypto in the sense, it's inevitable to me that's where this is all heading towards. Yo me it's either get with the program or get lost behind. This IMO is the last chance if generational wealth in our lifetime of this nature.

As far as being centralized goes, there's this. I highly recommend everyone read the entire article because it's loaded with goodness.

[link to galgitron.net]

The XRP network architecture started centralized, just like Bitcoin started centralized. Because of the way that XRP decentralizes, it took a while longer than Bitcoin did to fully decentralize, but XRP is now completely decentralized, and not within Ripple's ability to coerce, censor, or modify. In fact, if Ripple went out of business today, XRP will continue unabated. This is a fact.

Then there's the malicious attempt to smear the confidence-shaking negative word 'centralized' to describe Ripple's XRP holdings instead of using the proper term, 'concentrated', intentionally commingling terms to sow confusion and unwarranted concern. All companies have assets. You wouldn't refer to Microsoft's assets as centralized, or Apple's, or Warren Buffet's.. Why should Ripple be held to a different standard simply because their assets are crypto? It's senseless and a sensationalist attempt to foment bad connotations onto an innocent fact.

It's a bit outdated (still says XRP is not quite decentralized, but it is now), but this blog smashes the centralized FUD to bits.