Hello this is Matt on the moon family Sedan Channel and here's a headline from The daily huddle Ripple CTO explains how Xrp can reach as many people as possible So a core part of this conversation has To do with the idea of whether or not There should be a technology exclusively Built just for xrp and The xrp Ledger And perhaps counter-intuitively to some People yeah I mean the answer is Typically no that's not what you want What you actually want is technology in Which xrp can be used and so the point And this will make more sense as we go Through the video but the point is that Xrp won't ever be used for everything That crypto in general can be used for It's it's best to just have a bigger Crypto pie and then let xrp get whatever Size the sliver the market allows and David Schwartz really breaks down this Concept and I always appreciate uh what He has to say in his thoughts in terms Of adoption and I think you're going to Find this interesting but before going Further doing be clear I do not have a Financial background of any kind I am Not offering Financial advice and you Definitely should not buy or sell Anything because of anything I say or Right I'm just an Enthusiast who enjoys Making YouTube videos about crypto Related topics but just as a hobby and Just for fun and by the way lately it's
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Been really interesting seeing David Schwartz push back against some of the Crap that I personally have been Fighting back against since I started my Channel I'm talking about the let's just Say the Riddlers and I enjoy pushing Back against the The Conspiracy Theory Types as well because some of the stuff They put out it's just complete lunacy And what can I do but push back against Silly nonsense when I see it but Specifically the Riddlers with the most Famous being the cartoon bear which I Guess uh it was probably 2018 I don't Think it was 2017 this was the tail end But certainly 2018 when that stupid ass Cartoon bear came out the bearable guy And uh the price prediction because it Was already determined that it was going To pass that xrp it at 589 each how Stupid like how freaking stupid the fact That some people believe it I mean Frankly it's it just it's not that even I'm not trying to even insult anyone's Intelligence but there are some people That just don't understand what it is to Have an asset that has an open market Price it's worth whatever people say That XP is worth whatever people say It's where people are bidding against One another buying and selling That's it it's not that somebody could Ever decide xrp on so and so a date will Be worth so much and we have super
Secret inset information so we know that Is garbage and it is nice I gotta admit To see David Schwartz lately pushing Back against some of the false Narratives Of that that have been springing up here And so here is a tweet Uh yesterday in the evening from Somebody on Twitter goes by the name sir Clone sniper wrote the truth is if Brad Garlinghouse and David Schwartz of Ripple would publicly acknowledge that Xrp Riddlers are nonsense then maybe Ripple xrp and The xrp Ledger could be Taken more seriously in the crypto space This would not affect the price of xrp At all because whales don't follow Riddlers let's get it done and move on And David Schwartz did respond to that With this GIF of a woman pointing to a Word above her head that just says fact And this is true So a couple things I wanted to mention On this before getting into the main Topic here Uh yeah the whales and the people who Are more financially savvy than the Typical retail inspector investor rather No they're not falling for stupid-ass Cartoon bears that say that XP is going To 589 that would be completely Ridiculous so no they're not falling for That stuff now if people in notable Positions of influence you know Brad
Garland house David Schwartz if they do Push back against this stuff uh I agree It actually does help xrp and the XP Ledger to be taken more seriously just In a general sense let's push back Against the silliness fight against it Because again it is dumb as hell like it Is some of the stupidest stuff it is the Taint uh it's just taint that's like on The like a little bit of the experience And I know most of us know this is Stupid I know I'm preaching to the choir Because the folks that believe in this Crap and the conspiracy theory stuff I Don't think they listen to my channel as Much they're just everybody's wired Differently and some people want that Stuff and it makes them feel like They're part of something I don't know Secret I don't know they they get off on I don't know what it is exactly but I Just I think it makes sense to push back Against all this stuff And so anyway I'm just wanted to say to See David Schwartz push back against This it's just nice to see and my fellow Xrp YouTuber the blockchain backer Retweeted David Schwartz and wrote David Schwartz believes that xrp Riddlers are Nonsense this comes two days off the Heels of publicly shooting down 10 Narratives that circulate in the xrp Community such as pegged to Gold fed Buyback xrp as a stable coin all the
Money Etc and I already broke that down In a separate video a few days ago so I'm not going to go through it if you Want to see what the 10r you can pause Right here and read through but I Already did my full breakdown I'm not Doing that in this video but it was nice To see that this is all supported as Date by David Schwartz is actually true And some people critique David Schwartz For following some of the Riddlers on Twitter on social media but look here's The deal like it's perfectly reasonable To follow people even if you almost Always disagree with them there are People I follow on Twitter that I think Are wrong very frequently it doesn't Mean I endorse their perspectives Doesn't mean that they're getting Additional credibility because I'm Looking at the silly crap that they're Writing onto interwebs that's not how This works out this is my opinion on This But as far as The xrp Ledger you know Gaining further reach reaching as many People as possible I think the proper Approach might sound a bit Counterintuitive to some people so that This is piece from the daily Hub Ripple CTO David Schwartz says he wants to have As many people as possible to have no Barrier to using xrp In a tweet to his 434 000 Twitter
Followers Schwartz says that he is often Asked about whether certain Technologies Should be exclusively compatible with Xrp according to Schwartz he prefers to Live in a world where xrp works with Other platforms and protocols and here's What he stated in the thread on Twitter Many times I get asked whether something Should be made to only work with xrp Unless it's an xrp Ledger feature where Xrp really is special because it's the Only native asset I almost always say No It should work with anything it can be Made to work with end quote and so you Can think a good example obviously of That is of just you know the amount of Xrp that it would take to you know set Up a new account or set up you know a Trust line anything along those lines There's just a couple obvious examples But it does make sense to have a native Asset where that's the only thing that Can do it And then David Schwartz says if Something only works with xrp it's only Interesting today to people who fit xrp Today That isn't everyone I'd rather some technology that works With xrp work with as many people today As possible why because there are lots Of technologies that don't work with xrp In people who use those technologies Will have a much harder time migrating
To xrp even if it fits their needs at Some time I want to have the largest pool possible That that have no barrier to using xrp So folks that's the part that I think Might sound a bit counter-intuitive to Somebody I do think that it makes sense Just make everything easy to use and Then when the time comes if xrp Specifically makes sense for a specific Application and technology is set up in Such a way that it's it's not going to Be this additional barrier exactly that Would result ultimately in a greater Adoption of xrp and the xrp level And then David Schwartz says This draw this draw more people to the Technology and cause everyone to get Better user experiences from that Technology If you can use it even when xrp makes no Sense you can easily use it when xrp Does make sense If Google had tried to make the Internet Only work well for people who use Google Stuff the internet would suck for a lot Of people And then there wouldn't be there would Be a lot fewer internet users Internet Devices and internet connections to Access Google stuff even when it's a fit And then separately he came up with a Good analogy and I think this really Paints the picture pretty damn well he
Wrote Oh I have an even better analogy Say you want to make whole fresh Coconuts popular whole fresh coconuts Popular so you want to do that But they are hard for people to open Would you rather there be a broadly Marketed tool that only opened coconuts Or one that opens coconuts and also Helps prepare lots of other Foods Right so if you have the tool that's it It's like a you know what they call it The Swiss army knife where it's got all The it's got like a damn Fork on and all Sorts of other stuff if you have a Device that does all sorts of things Well first of all that would be more Appealing to buyers especially if it's At a similar price point than an object That just does one thing but it can do All sorts of other stuff and so if you Have this one device and you weren't Even thinking about using it for xrp for Example but you bought this device and They're like oh wait but it it would Work with xrp that's good for xrp that's The point so having technology you can See why I use this example it's perfect So if you have other technology that Approaches just crypto in general then Xrp seems like just a small piece of it What's that mean in the future where There's a more more a crypto you know Just in general since it's more adopted And you have all these on-ramps that
Include xrp don't you just want a bigger Pie that's the part that I'm getting at Here don't you just want a bigger pie I Think to me the answer is undeniable yes And that's that's the point he's getting At here So I just thought it was an interesting Point of conversation here and a lot of People were debating this and I can Understand why on the surface it might Sound you know incorrect or unreasonable But I think David Schwartz is right I Think he's pretty well hitting the nail And then header so that in conjunction With him you know rip it apart the Riddlers and all the nonsense and the Buyback and all this crap because he has Called out all the buyback nonsense as Well uh I just I just appreciate it I'll Just say that I just I very genuinely Appreciate it And people should not give him trouble For being nice to the Riddlers in the Community it's not like we need to be Cruel to those people but their ideas Should be heavily critiqued It's not about attacking the people so The fact that David Schwartz is civil With them and even follows them in some Instances apparently so what Of course he's allowed to do that it's Not an endorsement of everything that The person says that's not how this
Works I'm not a financial advisor you should Not buy yourself anything because of Anything I say are right that would be a Very very very bad idea until next time To the Moon family sedan
