People screaming “XRP is dead” over Citi and DBS are telling on themselves. Private bank rails = the Intranets of the 90s. Neutral L1 settlement = the actual Internet. Banks will always build their own walled gardens first to protect fees. But bilateral channels don’t scale globally. At some point, all these isolated balance sheets need a neutral bridge asset to talk to each other. Noise is high, but the structural thesis hasn't changed. #XRP