Ripple Cto David Schwartz join a hot discussion after Customia CEO Ketlin Long I criticized Ripple, Ledger XRP (XRPL), and Stablecoin Rlusd in the joint podcast on X. Documentation was interrogated in XRP for a long time, semi -funding for early Ripple to ICO, and argued that Blockchain is less than the goals of adopting between banks and other institutions. Her remarks raised the Vet Ambled Vet, who opposed her claims, prompting Schwartz to a long invitation to discuss a fact -based direct discussion.
Caitlin Long criticizes Ripple and XRP
Ketlin Long, CEO of Custodia, has not retracted her view of Ripple and XRP In a recent episode of Gold goats podcast gun. In her comments in podcasts, Long noticed that the early financing model for Ripple, which she described as the first of ICOS, has always hindered the institutional confidence in XRP. She said Ripple was active for a longer period than most Blockchain projects but did not make great progress in replacing traditional banking systems such as Swift.
CalculateThe company Go to the RLUSD version Through their organized financial entities, there is a noticeable axis away from dependence only on XRPL as a global settlement layer. Although it admitted that the American organizational pressure under the Biden administration affected the Ripple operations, it confirmed that the basic layer network is unlikely to become the backbone of international payments.
With this in mind, it has long predict. Choose ethereum above Ripple Because of the previous entitlement and better approval.
XRP and CTO Fire community
Her comments A joint pushed From the prominent veterinarian in the XRP community, who rejected Long’s allegations that they were misleading. As Vet noticed, Ripple never did the ICO, and XRP was of no value when created, and all the distinctive icons of 100 billion in the formation of Genesis were created. The veterinarian also defended decentralization at XRPL, pointing to more than 1,000 contracts and more than 100 independent health run by individuals and companies all over the world.
He pointed out that Ethereum, on the other hand, was launched via ICO. In addition, the veterinarian highlighted the continuous Ripple integration of his XRPL in his payment products and the fact that Rlusd was released on the Professor’s book. He referred to the cases of the use of increasing works, continuous artistic amendments, and the historical role of XRPL as the first Blockchain with local exchange and symbolism capabilities.
After the veterinarian, David Schwartz replied It also took to X to handle Caitlin Long claims directly. Although Refer A community member had already presented “some basic things” to start the realistic discussion, and called for a long time to have called for an open conversation about Ripple, RLUSD, XRPL and XRP.
Distinctive image from Unsplash, tradingvief chart
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