Can You Really Sell a Car with XRP? Legal Concerns Highlight Decentralized Currency’s Limits

Vincent Van Code (@vincent_vancode), a prominent figure in the XRP community, has highlighted a growing discrepancy between the decentralized promise of cryptocurrency and its real-world accountability. His recent post explores scenarios where a law-abiding citizen selling their car for 10,000 XRP faces potential legal issues. Following this scenario, authorities could seize assets linked to the transaction, even if XRP transactions themselves cannot be frozen. This raises concerns about the practical implications of decentralized finance in a world with increasingly stringent regulatory measures.