David Schwartz Just Shut Down the Biggest XRP Doubt
Photo: Times Tabloid
David Schwartz, Ripple’s former chief technology officer, believes strong adoption of the XRP Ledger (XRPL) in financial applications would likely increase demand for XRP and support its value. His position centers on how XRP functions within the network, including its role in payments, liquidity, transaction fees, and account reserves. In a post on X , Schwartz explained why he considers it unlikely that the ledger could achieve significant financial success while XRP experiences little demand. He identified a global financial system dominated by a single settlement asset as one possible exception, but said he considers that outcome unlikely.
Source: Times Tabloid
