Is Ripple's XRP Truly a 'Centralized Fiat-Shitcoin'?
David Schwartz, CTO of Ripple, engaged in a dispute with filmmaker Max Keiser over XRP, calling it a "centralized fiat-shitcoin."
Schwartz clarifies that XRP isn't designed for elite holders. He emphasizes its empowerment for anyone using the ledger to track asset ownership and exchange, debunking claims of benefiting only the top 1%
He also notes that his patent predates Bitcoin and addresses how his invention differs from the proof-of-work system used by Bitcoin
Schwartz dismisses rumors about Satoshi Nakamoto commenting on XRP and discusses RipplePay, distinct from the XRP Ledger
Moving on to XRP's potential, experts speculate on price surges, with some predicting $10 or even $500 while others offer a more realistic outlook
Factors influencing XRP's price include the Ripple v. SEC lawsuit, regulatory developments, speculation, market sentiment, and adoption. Stay informed for the next bull run!