đšLATEST: DAVID SCHWARTZ DEFENDS RIPPLE XRP SALES AMID FRESH CRITICISM
Ripple CTO, David Schwartz, has responded to renewed criticism over how Ripple sells $XRP
Rynes questioned Rippleâs dual funding model. He argued retail investors indirectly fund corporate growth.
Schwartz argued that critics are using flawed logic. He said one could just as easily claim that Rippleâs XRP sales actually benefit investors trying to profit from holding the token.
If those sales push the price lower, he noted, it simply allows buyers to accumulate $XRP at a cheaper price than they otherwise could