😮CTO OF RIPPLE FIRES 🔊 ₿ITCOIN IS A "TECHNOLOGICAL DEAD END"❗ 🏞💀
The debate about the future of money reached a new level of tension today. In a technical and frank analysis, David Schwartz, the CTO of #Ripple explained why he believes that Bitcoin, despite its success as a store of value, has stalled in time. 🧵👇
🧨 1. "Success No Longer Depends on Technology"
Schwartz argues that Bitcoin has become like the dollar: a tool whose success no longer depends on innovation at the base layer, but on social acceptance and stability.
Digital Fossilization: For him, the $BTC has become a "dead end" because the technology of its blockchain has stopped mattering for its valuation. "The technology simply doesn't seem to matter much for its success," he stated.
📊 2. The Structural Risk of Proof-of-Work (PoW)
Schwartz's most serious warning focuses on long-term security. He predicts a possible "death spiral" for PoW systems.
Security Vacuum: If the price of Bitcoin does not continue to rise exponentially to offset the reduction in mining rewards and the low volume of fees, the network could face a security collapse.
Bet on the Past: Schwartz suggests that many advocate for PoW only for "central value," ignoring that it may become unsustainable in a world that demands efficiency and speed.
📈 3. XRP Ledger: Evolutionary Alternative?
As one of the architects of the XRPL, Schwartz argues that the future belongs to networks that do not rely on mining.
Mining-Free Consensus: The XRPL was specifically created to avoid the bottlenecks of PoW, focusing on settlement in 3-5 seconds and nearly zero cost.
Real Utility vs. Speculation: While the $BTC "fossilizes" as digital gold, the $XRP positions itself as the "oxygen" of global payments and institutional DeFi by 2026. 🌍💎
⚠️ The channel @Fumão Crypto (Leandro Fumão) » Always do your own research before investing. 👨🎓📚🎧☕
