Ripple [XRP] News: David Schwartz Says XRP Wins Even If Bitcoin Rules Global Settlement

Ripple CTO Emeritus David Schwartz has given one of his clearest explanations yet of why XRP should rise in value if the XRP Ledger succeeds. He argued that the token would still find a role even in a world where Bitcoin dominates global settlement. “Even if you imagine a world where nearly all settlement is done using bitcoin,” Schwartz wrote on X, a successful XRPL would probably host several versions of wrapped or bridged Bitcoin, “and XRP will capture value bridging them.” Schwartz’s comments came during a heated argument on X about what actually drives XRP’s price.

Source: Coinpedia