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Did Coinbase Refuse To List XRP On Purpose? Ripple Exec’s Old Tweets Resurface

The XRP community has resurfaced old tweets from Ripple's CTO Emeritus David Schwartz, suggesting Coinbase may have deliberately refused to list XRP. In posts from May and June 2023, Schwartz described a "hypothetical" scenario where an exchange, believed to be Coinbase, refused to list XRP despite it being beneficial, instead asking Ripple for millions in payment. He noted that after an agreement, XRP's listing generated 20% of the exchange's revenue. Schwartz indicated that an adversary in litigation (likely the SEC) used this payment to imply Ripple was unfairly boosting XRP adoption. Coinbase initially listed XRP but delisted it in 2021 following the SEC's lawsuit alleging XRP was a security. It relisted the token in July 2023 after a court ruling declared XRP not a security. XRP price was negatively impacted during the lawsuit and is currently trading around $1.32, down over 2% in 24 hours.

bitcoinist03/31 21:33

Did Coinbase Refuse To List XRP On Purpose? Ripple Exec’s Old Tweets Resurface

bitcoinist03/31 21:33

Will Ex-Ripple CTO Schwartz Develop Bitcoin Again? His Answer Turns Heads

David Schwartz, former Ripple CTO and key architect of the XRP Ledger, dismissed the possibility of returning to Bitcoin development, calling Bitcoin “largely a technological dead end.” He argued that Bitcoin's success is driven more by social and monetary inertia than by technological innovation at its base layer. The comments emerged from a debate on X (formerly Twitter) about centralization in crypto, where Schwartz defended XRP's early "genesis reset" by pointing to what he called more centralized incidents in Bitcoin's history, such as a coordinated rollback in 2010. Schwartz stated that blockchain technology matters less to Bitcoin’s success than its established monetary status, comparing it to the U.S. dollar. He confirmed he has no plans to develop for Bitcoin again and will instead focus on his own projects on the XRP Ledger. At the time of writing, XRP was trading at $1.38.

bitcoinist02/12 19:03

Will Ex-Ripple CTO Schwartz Develop Bitcoin Again? His Answer Turns Heads

bitcoinist02/12 19:03

Ripple, Stellar Show Up In New Epstein Files, Ex-CTO Schwartz Reacts

Newly released Jeffrey Epstein documents include a 2014 email from Blockstream co-founder Austin Hill that mentions Ripple and Stellar. In the email, Hill reportedly complained to Epstein and others about investors supporting competing projects, framing backers of Ripple or Stellar as "enemies/opponents" to his Bitcoin-centric ecosystem. Former Ripple CTO David Schwartz publicly responded, stating he knows of no direct connections between Epstein and either Ripple, XRP, or Stellar. He emphasized there is no evidence that anyone from these projects met with Epstein or his close associates. Schwartz criticized the "enemy/opponent" mindset as harmful to the entire crypto space and dismissed the notion of deeper involvement as speculative conspiracy. He also addressed a question about Ripple's for-profit structure versus Stellar's non-profit, revealing he had opposed the non-profit model early on, believing it seemed dishonest and borderline illegal. At the time of reporting, XRP was trading at $1.64.

bitcoinist02/03 07:25

Ripple, Stellar Show Up In New Epstein Files, Ex-CTO Schwartz Reacts

bitcoinist02/03 07:25

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