🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Ripple CTO Cryptically Tweets Amid OpenAI Drama

Published 20/11/2023, 20:28
Ripple CTO Cryptically Tweets Amid OpenAI Drama
XRP/USD
-

The News Crypto -

  • Ripple CTO David Schwartz tweeted expressing love for the Ripple team.
  • The XRP team recently achieved legal success against the SEC, with the court ruling that XRP is not an unregistered security.
  • Some interpreted Schwartz’s tweet as a show of solidarity, drawing parallels with OpenAI’s internal issues.

Ripple chief technology officer David Schwartz sparked intrigue this week with a tweet declaring his love for the Ripple team. The post mimicked language used by ousted OpenAI CEO Sam Altman amid leadership turmoil at the artificial intelligence startup.

Following Altman’s controversial removal, he tweeted, “I love the OpenAI team so much” in an apparent signal of continued support. Schwartz’s similar wording prompted speculation about its possible meaning for Ripple.

The tweet comes as Ripple enjoys newfound stability after largely prevailing in its legal battle against the SEC. Earlier this year, the court found XRP does not constitute an unregistered security, removing existential threats against the company.

Ripple CTO’s tweet shows solidarity amidst OpenAI drama

With the lawsuit nearly behind them, some interpreted Schwartz’s post as a show of solidarity, just as OpenAI grapples with internal fractures. However, by all accounts, the XRP team remains united behind its product roadmap and mission.

This suggests the CTO borrowed Altman’s phrasing mainly for effect in teasing the active XRP community. Schwartz frequently engages supporters on Twitter through vague statements meant to stoke interest.

Nonetheless, as the architect of the XRP ledger and related technologies, Schwartz’s views carry weight. He plays a pivotal role in developing Ripple’s payment infrastructure and shaping its future direction.

For now, the CTO’s tweet appears primarily for entertainment value to engage the Ripple community. But it serves as a reminder of his importance in maintaining internal cohesion amid opportunities for reckless expansion.

This article was originally published on thenewscrypto.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.