๐ก ๐ชฉThe Real Goal of XRPL: Speed, Not Price Pump ๐
Ripple CTO David Schwartz has provided clarity on the original intent behind the XRP Ledger (XRPL), a statement that has resonated throughout the XRP community:
"XRPL wasn't built to pump XRP's price โ it was built to move money FAST." โก๐ธ
This clarification comes at a crucial time, especially with the crypto world buzzing about a potential Grayscale XRP ETF.
The Crucial Twist ๐
While confirming that price speculation wasn't the primary design goal, Schwartz also highlighted a key mechanism that does drive XRP's value:
Growing Adoption: As the XRPL platform sees increasing usage and adoption...
Unique Role: XRP's function in bridging and facilitating asset movement across the ledger naturally causes its value to rise. ๐
In short: The XRPL was engineered for utility, but that utility is the engine for potential price appreciation.
The takeaway: While the XRPL wasn't explicitly built to moon, its core function means it might just do it anyway. ๐$BTC
$XRP
$SOL
Ripple CTO David Schwartz has provided clarity on the original intent behind the XRP Ledger (XRPL), a statement that has resonated throughout the XRP community:
"XRPL wasn't built to pump XRP's price โ it was built to move money FAST." โก๐ธ
This clarification comes at a crucial time, especially with the crypto world buzzing about a potential Grayscale XRP ETF.
The Crucial Twist ๐
While confirming that price speculation wasn't the primary design goal, Schwartz also highlighted a key mechanism that does drive XRP's value:
Growing Adoption: As the XRPL platform sees increasing usage and adoption...
Unique Role: XRP's function in bridging and facilitating asset movement across the ledger naturally causes its value to rise. ๐
In short: The XRPL was engineered for utility, but that utility is the engine for potential price appreciation.
The takeaway: While the XRPL wasn't explicitly built to moon, its core function means it might just do it anyway. ๐$BTC
$XRP
$SOL