$XRP | Ripple CTO David Schwartz Clears the Confusion: XRP Can’t Stay “Dirt Cheap” 🔥
Ripple CTO Emeritus David Schwartz has once again clarified his long-standing stance that XRP cannot remain “dirt cheap.”
But not for the reason most people think…
Schwartz explained that a low XRP price doesn’t make payments cheaper — it can actually make XRP MORE expensive to use for payments and exchange settlements.
This clarification came after an X user revisited his 2017 statement where he said XRP “can’t be dirt cheap,” asking what he really meant.
Schwartz replied that many people misunderstand it:
➡️ Lower #XRP price = more #XRP needed to move the same value
➡️ That increases friction, cost, and market impact — especially for large transfers.
✅ Key Takeaways
🔹 Schwartz says low XRP price increases real transaction friction
🔹 More tokens needed per transfer = higher operational cost
🔹 Higher XRP price improves efficiency by reducing tokens required
🔹 His focus remains on utility & liquidity, not hype price targets
💡 Why Cheap XRP Can Become Costly
If XRP is priced low, institutions must use huge amounts of XRP to move large value.
Example:
If XRP = $1, moving $1M needs 1,000,000 XRP
If XRP = $100, moving $1M needs only 10,000 XRP
So a higher price means:
✅ fewer tokens used
✅ less market impact
✅ smoother settlement
✅ better efficiency
🧠 What Triggered the Debate?
The discussion restarted after a community member asked Schwartz to publicly reject $50–$100 XRP price targets.
Schwartz refused to give firm predictions, saying he has been wrong before — and reminded people that many “impossible” crypto prices have happened in history (Bitcoin & XRP included).
🔥 His View Has NOT Changed
Schwartz also reiterated in July 2024 (when #XRP was under $0.40) that his position remains the same:
📌 Higher XRP price tends to mean deeper liquidity
📌 Deeper liquidity = cheaper, faster, smoother payments
📌 Low price can strain markets during big transfers
🎯 Bottom Line
Schwartz isn’t making price calls — he’s talking about #Xrp🔥🔥 ’s role as a bridge asset:
💎 Higher valuation = less friction + stronger liquidity + lower real cost
⚡ More efficiency for global settlement
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