Ripple CTO David Schwartz Says Early XRP Holders Did Not Expect Major Price Gains
Ripple CTO David Schwartz said his 2012 estimate put XRP’s chances of reaching $0.25 at just 1 in 100, while Ripple investors preferred company equity over the token.
XRP
Summary
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Terms & Concepts
XRP: A cryptocurrency associated with the XRP Ledger, a blockchain-based payment network used for transferring value.
Ripple: A digital asset company focused on blockchain-based payment infrastructure and enterprise financial products.
Company equity: An ownership stake in a company, which can be preferred by investors over holding a related cryptocurrency token.