Ripple CTO Doles Out Sarcastic Jabs at XRP Critics – Who Said This Crypto Was Boring? 😂

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In a scene dripping with the kind of corporate bravado that makes you want to sip your martini with a side of sarcasm, Ripple’s illustrious CTO, David Schwartz, stepped into the public arena – sunglasses on, metaphorically – to explain what on earth Ripple, XRP, and RLUSD are really about. This grand clarion call of clarity was prompted by none other than Caitlin Long, the Custodia Bank mogul, who, during an august podcast in early August 2025, poked at Ripple’s shiny shield with the finesse of a cat sharpening claws on a velvet sofa.

Long, with a flourish of disdain, declared that Bitcoin and Ethereum are the true superstar tokens, etched in the annals of tokenization – because, apparently, launching a blockchain requires less capital than buying a yacht. She insisted Ripple was still lounging in the backseat, yet to elbow its way past SWIFT’s old brass knobs, despite having been around since the dawn of the blockchain era in 2012. As if it were waiting for a red carpet and a giant check-ah, the patience of tech giants.

Based in the sun-kissed city of San Francisco – where the air is as inventive as the tech the city churns out – Ripple aims to revolutionize global payments with XRP, a digital asset that promises quick, borderless magic. Meanwhile, the XRP Ledger struts its decentralized stuff, boasting over a thousand nodes and a hundred validators – decentralization, folks, not just a buzzword to impress dinner guests.

XRPL Validator Plays Deflect and Dare, Sparks Feistier Fireworks

Enter Schwartz, the man with the calm of a Zen master and the wit of a seasoned comedian, who on August 7, extended an open invitation to Long for a tĂȘte-Ă -tĂȘte on the matter. He referenced the spirited counterarguments of Vet (@Vet_X0), a validator whose name sounds like a superhero but is actually a hero of facts, who sliced through the misconceptions with surgical precision.

@CaitlinLong_, if you fancy a chat about Ripple, RLUSD’s charm, or the XRPL’s glorious decentralization, I’m all ears – just say the word. Vet’s got some spicy facts to add to the mix ^

– David ‘JoelKatz’ Schwartz (@JoelKatz) August 6, 2025

Vet, the knight of neutrality, set the record straight: Ripple did not host a flashy ICO; XRP’s initial value was… nonexistent – like your last diet. All 100 billion tokens? Crafted from the Genesis ledger, no fanfare, no fuss. And as for centralization? Over 1,000 nodes and 100 validators make the XRP Ledger about as centralized as a committee meeting after coffee, in other words: not very.

RLUSD, the stablecoin that ties the dollar’s apron strings on Ethereum and XRPL, continues to evolve-proof that Ripple isn’t resting on its laurels but building its decentralized empire. Projects such as native exchanges and upgrades? Just the beginning, like the teaser before the blockbuster sequel.

To sum it up, Schwartz extended a warm (if slightly sarcastic) olive branch, echoing the hope that more folks like Long might soon see the swirling cosmos of Ripple’s tech – or at least stop confusing it with a particularly slow-moving snail. Let the debates ride on, and may the blockchain be ever in your favor.

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2025-08-07 07:19