David Schwartz Critiques Bitcoin, Calls It a “Technological Dead End”

TLDR David Schwartz, Ripple’s Emeritus CTO, described Bitcoin as a technological dead end, focusing on adoption over innovation. Schwartz emphasized that Bitcoin’s success depends more on network strength than ongoing technical development. He defended XRP Ledger’s decentralization, contrasting it with Bitcoin’s history of coordinated rollbacks. Schwartz pointed out that Bitcoin required collective action to address […]
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