Most of these narratives operate on a spectrum from reasonable to unreasonable. In the past, I have duscussed ISO20022 as a significant step towards the digital financial system and a catalyst for global coordination towards an end. I think that is a reasonable and defensible claim. And I think such reasoning is healthy in trying to understand the direction of the global system. But those that claimed dates for ISO implementation were going to be "flip the switch" moments, were on the unreasonable end of the speculative narrative. But overall, I think you have pointed out many unreasonable narratives here. One thing I would push back on... "stables and atomic settlement has solves what XRP was supposed to" Stablecoins are Commercial Bank liabilities or Liabilities of the issuing entity. Atomic settlement of those liabilities can happen easily within a Banks single-currency walled ledger without ever needing a bridge. When settling Commercial Bank to Commercial Bank on desperate ledgers across differing currencies, settlement becomes more complicated. Atomic Settlement solves orchestration, it does not solve liquidity. Burn & Mint is one solution. A bridge currency is another solution. I believe these systems will compete as they scale and what is considered "adoption" today may not nessisarily be what provides the best solution tomorrow. Time will tell. Also, ultimate settlement is NOT done in Commercial Bank liabilities but rather Central Bank sovereign funds(base money) on Central Banks ledgers. Central Banks, for the most part, have yet to converge on a solution to connect their RTGS or CBDC systems. Such systems cannot be connected with private liabilities of Commercial Banks. So one must ask "What systems are best suited to move the value of base money?" "What protocol governance structures would suit sovereign fund settlement and what governance structures would be entirely unfit for the job?" The discussion here is very complex, nuanced and philisophical. I don't believe XRP is "supposed" to do anything. But I do believe that the protocol itself offers efficiency to compete in Commercial Bank solutions while also offering a governance structure that can appeal to Central Banks needs.