In September last year, shortly after David Schwartz became Ripple Labs’ CTO, Forbes ran a flattering piece about him, titled “Ripple’s Trillion-Dollar Man”. A transparent attempt at promoting Ripple, XRP, and David Schwartz himself, this article gave un a rare insight into David’s story, and involvement in Ripple.
Ripple the company’s existence evolves around denying that it has anything to do with Ripple the coin. It’s obvious that they are inextricably linked, first because they are both called “Ripple”, and then because Ripple the company owns the majority of Ripple coins. However, their whole business model is dependent on XRP, the Ripple coin, […]
I got a lot of heat for my last piece, “Ripple’s “200+ Institutional Clients” Claim Is A Scam“. Scores of Ripple fanboys and Twitter bots accused me of cherry-picking the noise, and ignoring the legitimate heavyweights in Ripple’s long list of clients. Well, let’s look into the true nature Ripple’s most impressive “partnership”: the international […]
Ripple is scraping the bottom of the barrel, trying to make it look like someone is using its “technology”. Its “partnerships” are nothing but non-binding promises of maybe one day have a look at its platform, and the “financial institutions” that supposedly use Ripple are just one-page websites without a product.