He's one of the only reason why Rivendell hasn't fallen yet. His ring brings power to his 'kingdom' just like Galadriel protects Lothlórien with her ring.
Also, the whole fucking point of Frodo taking the ring is that he is inconspicuous. Sauron would notice if another ringbearer had it. Gandalf doesn't even want to hold it.
Also, Elrond helps organize the party, making the men, elves, and dwarves work together to help the hobbits. Without his influence, the men would have wanted to take the ring for themselves and Legolas would not have worked with Gimli. He and Gandalf basically tell everyone to shut up and work together.
Something something not wanting to attract attention?
Nah, it’s simply not very nice there.
Pretty inhospitable if you ask me. No ease of thermostat control, too much fire.
Classic elrond.
