On September 15, David Schwartz, Ripple's CTO, engaged in a discussion with Caitlin Long, CEO of Custodia Bank, regarding criticisms of XRP and its decentralization.
Response to Caitlin Long's Critique
Caitlin Long criticized XRPL in her podcast, raising concerns about decentralization and early XRP distribution. Schwartz invited her for a fact-based discussion and provided technical clarifications from the XRPL community.
Debates on XRP Decentralization
The exchange between Schwartz and Long highlighted ongoing community debates about XRP's decentralization. Despite criticisms from industry figures, significant institutional shifts have not been observed.
Financial and Market Reactions
The financial markets showed no immediate shifts due to this exchange. Long's stance may maintain her influence among Bitcoin advocates, contrasting with Schwartz's open approach to technical discussions.
Discussions surrounding XRP and XRPL continue to spark interest, although they have not yet resulted in significant financial outcomes.
