Schwartz mentioned this during a light-hearted conversation in the crypto community. Notably, media outlet CoinDesk triggered this conversation with an age-old question surrounding early crypto investments.
Specifically, CoinDesk shared a graphic asking its audience what they would say to their 18-year-old selves if they had the opportunity to go back in time and express just three words. The CoinDesk intern noted that he would ask his younger self to “buy more crypto.”
However, XRP also presents similar accumulation opportunities. Notably, if Schwartz’s younger self spent the $39,000 on XRP at its low of $0.0028 in July 2014, he would have scooped up 13.93 million XRP tokens. Today, those tokens are worth $36 million, way lower than Bitcoin’s returns.
Despite this, Schwartz’s decision to pick Bitcoin over XRP raised questions among community members, especially considering his involvement with the XRP project. Specifically, one commenter asked, “What about XRP?”
For context, the Ripple CTO did make a decision regarding XRP investments that he may regret now. According to a disclosure last January, Schwartz confirmed that he went for Ripple shares instead of XRP tokens. Today, he still wonders if that was a good decision, as he noted that the XRP would have been more liquid.
Naturally, one would expect that he would seize any opportunity to right that decision if he felt it was the wrong one. Responding to questions surrounding the decision not to tell his younger self about XRP, he humorously noted that XRP is too closely tied to his own work, and telling himself about it could create a paradox.
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