XRP: The Crypto That Ate David Schwartz’s Wallet (and Sanity)

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So, it turns out that Ripple‘s CTO Emeritus, David Schwartz, has about as much XRP left as a hoover has a sense of humor. Yes, the man who helped build a cryptocurrency empire is now basically a crypto pauper, or at least that’s what he’s telling us. Apparently, peace of mind is the new Bitcoin, and Schwartz is all-in on that particular gamble.

Remember that time he sold Ethereum for $1.05? U.Today does, and they’re not letting him forget it. Schwartz, ever the pragmatist, claims he’d have held on if he’d thought there was even a 1% chance of it hitting $2,368. Which, let’s be honest, is about as likely as a Vogon poetry recital winning a Pulitzer Prize.

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When asked about his XRP holdings, Schwartz basically said, “Yeah, nah, not so much anymore.” He’s diversified, you see, because apparently, having your entire net worth tied up in a single, highly volatile asset is the financial equivalent of juggling chainsaws while blindfolded. He’s got Ripple stock now, which is basically the same as XRP, but with more paperwork and fewer heart palpitations.

“Crypto,” he muses, “is like a golden ticket to Willy Wonka’s factory, except the factory is on fire and the Oompa Loompas are bears. I’m happy with my Ripple stock, thank you very much. I sleep like a baby, which is to say, fitfully and with occasional nightmares about missed opportunities.”

“Diamond hands? Pfft,” he scoffs. “That’s for people who enjoy the thrill of watching their life savings evaporate like a puddle on a hot day. I’m more of a ‘sensible slipper’ kind of guy. I might miss the rocket ship to the moon, but at least I won’t be wearing a spacesuit made of hope and regret.”

Pouring Cold Water on the $10K Dream (and Possibly Your Enthusiasm)

Schwartz, ever the party pooper, recently took a sledgehammer to those $10,000 XRP predictions floating around social media. His logic? If the big whales really believed XRP was going to hit five figures, they’d be buying it up like it was going out of style, driving the price up to at least $20 right now. Which, let’s face it, it’s not.

Remember when he sold a chunk of his XRP for $0.10? Yeah, he does too. “Insane,” he called it back then. Turns out, “insane” might have been the sanest move he ever made.

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2026-05-04 18:15