Ripple CTO Bullish on Bitcoin But Has Been Selling His Stash for Years

2020-6-30 21:37

David Schwartz, chief technology officer at Ripple, recently shared that he is still bullish on bitcoin but is currently selling his BTC stash.

On being asked by Adam Back, co-founder and chief executive officer of the blockchain technology company, Blockstream, “aren't you pro-BTC and converting XRP into Bitcoin?” Schwartz shared,

“Nope. I've been slowly selling bitcoin for the past several years.”

And the reason behind selling bitcoin is the risk. “I'm still bullish on bitcoin, it's just the level of risk that has me selling,” he said.

This snippet is from the discussion about who is the pseudo-anonymous bitcoin creator Satoshi Nakamoto.

Stop Searching for Satoshi; We are all Satoshi

A Twitter user declared Adam Back as Satoshi Nakamoto to which the cryptographer replied with a simple “not me.”

Some also see Hal Finney, a cypherpunk and early Bitcoin contributor and Nick Szabo, a cryptographer who designed BitGold, as the pseudo-anonymous creator. Both are among the top runners for being Satoshi.

“FWIW they both said it wasn't them also. We'll never know – many cypherpunks had no social media footprint, and anon posts. Probably a digital ghost, who burned the nym to be safe,” said Back about Finney and Szabo being Nakamoto.

“Bitcoin is better as a decentralized digital commodity without a founder. We are all Satoshi,” he added.

This is where software engineer and Director at Ripple, Nik Bougalis, came who agreed with Back about Bitcoin being better without a founder.

“Abandoning the Satoshi Nakamoto persona and leaving Bitcoin to the world was a brilliant move,” he said.

A Ripple enthusiast also feels Ripple CTO Schwartz could be Satoshi Nakamoto. Still, Bougalis dismissed this, stating Schwartz has publicly denied it and that “his code & writing style simply don't match Satoshi's.”

And, “unfortunately” for Schwartz, he “didn't find out about bitcoin until 2011.”

Schwartz chimed in to say that he thinks it’s plausible that instead of just an individual, Satoshi was a small group of people.

And that’s where Schwartz shared that he doesn’t have millions of Bitcoins, but he hasn't lost the keys to his BTC holdings either, which he has been slowly selling for the past some years now.

“Bullish on X but Selling the X? Charlie is that you?,” a user commented on this statement.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95276.36 (-1.69%)
Объем 24H $41.037b
Изменеия 24h: -1.83 %, 7d: -7.45 %
Cегодня L: $95276.36 - H: $97458.26
Капитализация $1886.437b Rank 1
Цена в час новости $ 9142.81 (942.09%)

selling bitcoin ripple technology officer schwartz shared

selling bitcoin → Результатов: 126


Фото:

‘Too Many Cars, Not Enough BTC’ – Morgan Creek Founder Selling Lambo for Bitcoin

Founder of the digital asset management fund Morgan Creek Capital Management Jason A. Williams has put up his Lamborghini for sale for Bitcoin. Something ‘Never Done’ Before As the price of Bitcoin (BTC) continues to slide around 80 percent below its all-time high value of January 2018, the founder of Morgan Creek Capital Management Jason A.

2019-1-8 03:00


Фото:

Coinmama Bitcoin Exchange Review 2019 – Is it 100% Legit and Safe?

Coinmama is a bitcoin broker that specializes in selling Bitcoins for credit card to nearly anyone in the world. This website also allowed you to buy Bitcoins with Western Union. However, it is no longer working with Western Union and it now offers direct sales of Bitcoin through the use of a credit card/debit card […] The post Coinmama Bitcoin Exchange Review 2019 – Is it 100% Legit and Safe? appeared first on CaptainAltcoin.

2019-1-2 16:45


Фото:

Japanese IT Giant GMO Quits Selling Crypto Mining Equipment after Market Slump

Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency prices.

2018-12-28 09:00


“We probably only go to $150k BTC and people start panic selling houses to get a Bitcoin”, says “The Serial Forker”

Rhett Creighton was the man behind Bitcoin Private, the fork of Zclassic and Bitcoin. He has suddenly abandoned the project and announced another fork called “Bitcoin Prime”. The Bitcoin Private team later announced that they were firing him and would continue the project with other developers.

2018-12-17 01:00


Bitcoin (BTC) sentiment: This bubble still has a lot of air in it

Crash, selling panic, strong dump: The descriptions of the situation on the crypto market speak for themselves. It is tough, steely nerves are needed to stay calm during this duress. However, is this really a showdown, ultimate downfall and burial of the mother of all crypto currencies? Is there still hope for blockchain technology? One […] The post Bitcoin (BTC) sentiment: This bubble still has a lot of air in it appeared first on CaptainAltcoin.

2018-12-6 01:30