Ripple’s David Schwartz Shuts Down Claims Of XRP Hitting $100
Discussion around XRP’s long-term price outlook picked up this week following remarks from David Schwartz during a Q&A exchange with members of the XRP community on X. The former Chief Technology Officer of Ripple and one of the original architects of the XRP Ledger weighed in on claims that XRP could realistically reach price levels between $50 and $100. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech Interestingly, Schwartz’s view wasn’t one of outright bullishness but on how markets actually price belief, probability, and....
Related News
Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012. Ripple’s Chief Technology Officer, David Schwartz, has revealed that he and his wife decided to make a “derisking plan” for their crypto investments in 2012 — resulting in eight-figures worth of missed profit at current prices.In a series of tweets published on October 11, Schwartz revealed that he sold 40,000 Ether (ETH) for $1 each back then — a stash that would be worth more than $15.5 million at today’s prices.The Ripple (XRP) executive also said....
Ripple CTO David Schwartz has addressed claims made by El Salvador Advisor Max Keiser that the XRP token is a “centralized” cryptocurrency. Schwartz took to X (formerly Twitter) to clear the air, stating that the Bitcoin Adviser’s opinion of XRP was too ignorant to warrant a proper reciprocation. Ripple CTO Criticizes Centralization Claims On September 24, Co-founder of Volcano Energy and Bitcoin Advisor to El Salvador’s President, Max Keiser made a controversial statement about the XRP token. In an X (formerly Twitter) post, Keiser stated that Ripple’s native token, XRP was....
Ripple’s ongoing legal battle against the US Securities and Exchange Commission (SEC) is known to have had some negative effects on the company. And now, Ripple’s Chief Technology Officer (CTO) David Schwartz has given an insight into how much the lawsuit has affected the company. SEC’s Lawsuit Made Ripple Lose Stablecoin Deal Schwartz revealed during […]
Ripple’s Chief Technology Officer, David Schwartz, has clarified that XRP’s core purpose is to give individuals direct control over their money. In a recent post on the social media platform X, Schwartz highlights how XRP is not intended to replace banks but rather facilitates the free movement of value without centralized control or intermediaries. Ripple […]
Following the announcement that the AMM functionality would be proposed as an amendment under the latest rippled version, many in the XRP community have continued to wonder how soon it could be implemented if passed. As a result, Ripple’s Chief Technology Officer (CTO) David Schwartz has provided some answers to the community to quench speculations. How Soon The AMM Implementation Could Happen In response to a tweet asking how soon the AMM will go live on the ledger after voting, Schwartz stated that it should be enabled on the XRP Ledger (XRPL) “in about two weeks” if most validators....