Ripple CTO David Schwartz engaged in a debate defending XRP after investor Jonnie King criticized the asset as a "vaporware ponzi." The discussion revolved around concerns regarding the inclusion of XRP in the U.S. potential strategic reserves. King argued that XRP was centralized and under Ripple's control, making it unsuitable for the reserve. He also accused Ripple of manipulating the price and revenue through its escrow system. Schwartz challenged King to discuss XRP's technology rather than market mechanics, but King dismissed the request, emphasizing Ripple's control over the asset. The debate highlighted the divide between XRP supporters and Bitcoin enthusiasts, with the former advocating for XRP's inclusion in the strategic reserve.
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