Digital Currency

Add as a preferred source on Google

XRP Decline Draws a Response From Ripple CTO Emeritus David Schwartz

Schwartz also described when he might block users for bringing crypto into conversations about other subjects.

Updated 1 min read
A reader checks a phone outside a downtown office building in San Francisco, California. / TokenPost.ai
A reader checks a phone outside a downtown office building in San Francisco, California. / TokenPost.ai

Facing criticism over XRP’s extended decline, David Schwartz, Ripple’s CTO emeritus, wrote on X Nov. 7 that his influence on the asset’s price was “very little.”

Some users assigned him part of the blame for the decline. Schwartz said he could not claim to have no influence, but offered no numerical estimate.

Schwartz had a role in designing the XRP Ledger. His Ripple career included a chief technology officer post; he now holds the CTO emeritus title and remains a board member. EconoTimes previously covered his role on Ripple’s board.

Schwartz described a rule for his social media discussions: bringing crypto into a conversation on another topic could lead to a block, whether the comment was positive or negative.

In a thread where crypto was already the subject, he said a reasoned challenge would not by itself warrant blocking. Users could ask him to undo a block by getting in touch and agreeing not to repeat the conduct, he said.

Related articles

View all