David Schwartz, the CTO of Ripple, has expressed his sadness about how the crypto movement has become less libertarian than it used to be. Although he did not provide specific reasons for his view, it is possible that he is referring to recent comments made by Ripple CEO Brad Garlinghouse, who criticized crypto maximalism and advocated for the inclusion of various cryptocurrencies, including XRP, in a potential US crypto reserve. Schwartz believes that wanting enterprises and institutions to adopt crypto is not anti-libertarian and is consistent with libertarian values if it is instead of government-backed fiat. Interestingly, Schwartz revealed that he had previously worked for the NSA, an organization that the crypto movement was ideologically opposed to.
Content Editor ( u.today )
- 2025-01-28
Ripple CTO Reveals Bitter Truth About Modern Crypto Movement, But Here’s Catch
