Sign Up on MEXCCraig Wright Calls XRP ‘Useless Pump And Dump Scheme’, Ripple CTO Hits back
XRP News: David Schwartz, Ripple CTO and Craig Wright, self proclaimed Bitcoin creator got into a war of words over BTC adoption by institutional investors. However, this heated conversation took a wrong turn toward the XRP token and its utility.
Ripple CTO – Craig Wright’s ugly banter
Craig Wright in a tweet wrote that Bitcoin cannot be adopted by institutional investors until it gets recovered under a legal order.
However, Ripple CTO called this comment dumb for so many reasons. He questioned why “institutional investors” are a target market for peer-to-peer digital cash. While he added which jurisdictions would it cover?
Self proclaimed Bitcoin creator implied that Ripple CTO is unaware of how Finance works and he holds no idea how the legal framework works out. He added that David Schwartz really doesn’t understand Bitcoin. While he carries no experience in institutional investment. Read More XRP News Here-
Craig Wright in his further comments brought up Ripple and its native crypto, XRP. He stated that Ripple CTO has a very limited area of expertise. He called out XRP as the most useless pump and dump scheme in this entire industry.
To this comment, Ripple CTO replied that at least he doesn’t abuse the legal system in order to silence my critics and steal.
David Schwartz to sue self proclaimed Bitcoin creator
Craig Wright called Ripple CTO a liar for talking about XRP being used as a cross border bridge between systems.
However, David Schwartz stated that Craig Wright is fortunate that he is not a despicable coward who would sue someone for sharing an opinion.
Meanwhile, Wright claimed that he is putting the truth in front of all. While XRP and Ripple would sue him if it wasn’t the truth.
- Tether-Backed Plasma Stablecoin Blockchain Set to Launch on September 25
- Cathie Wood’s Ark Invest Backs Nasdaq-Listed Solmate To Launch $300M Solana Treasury
- REX-Osprey Spot Dogecoin and XRP ETFs Launch With Record Trading Volume
- Analyst Calls $6 XRP Target for November Amid Ripple CEO’s White House Stockpile Hint
- Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs
- Cardano Price Stays Above Ichimoku Cloud as Grayscale ADA ETF Approval Nears
- HBAR Price Prediction as SEC Approves Generic ETF Framework – Analyst Targets $1.80
- Toshi Coin Gains 57% in One Day: What’s Driving the Sudden Upside?
- Shiba Inu Price Set to Soar as Exchange Reserves Dive Amid SHIB ETF Chatter
- Pepe Coin Price Prediction as Whale Moves $25M From Robinhood- Is a Breakout to $0.00002 Next?
- XRP Price Prediction as Market Longs Hit 78% amid VivoPower Treasury Expansion Launch — Is $4 Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
