Monday, May 10, 2021

Ripple CTO David Schwartz Reveals Crypto He Currently Holds Aside From XRP

The Chief Technical Officer (CTO) at Ripple, David Schwartz, has recently revealed his investment in other cryptocurrencies aside from XRP.

According to Schwartz, he presently invests in Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, and Basic Attention Token (BAT).

This revelation came about after a popular XRP enthusiast, David Gokhshtein, asked his followers on Twitter to mention the worse cryptocurrency they have ever invested in.

Gokhshtein tweeted, “What’s the worse crypto you went and got into?”

“Rustbits. I have no idea why I bought some,” David Schwartz replied.

A crypto user then asked Schwartz about other digital currencies he currently holds with his choice cryptocurrency, XRP.

“Sorry to ask you that David … do you own any crypto included XRP at the moment?? I know you more likely won’t answer this question,” the user inquired.

Responding to the user’s inquiry, the Ripple CTO bluntly stated that he currently holds Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, and Basic Attention Token (BAT).

David Schwartz responded:

“Yes. I own XRP and BTC as well as small amounts of BAT and ETH, and very small amounts of a few others.”

About Basic Attention Token (BAT), One of David Schwartz’s Choice Asset

The only digital token with a small market cap listed by David Schwartz is Basic Attention Token (BAT). BAT is a utility token for an open-source and decentralized blockchain-based digital advertising platform.

BAT is built on Ethereum blockchain and presently occupies 43rd position in the cryptocurrency market, with a relatively $392 million market capitalization.

Schwartz and other top Ripple executives had often been questioned about their choices of investment, and their willingness to make their investments in other cryptocurrencies such as Bitcoin (BTC) public when they are expected to proclaim XRP as their only choice asset.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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