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Show Summary

David Schwartz, the CTO Emeritus who helped write the XRP Ledger, says he went from about 26 million XRP to about 3 million and sold nearly all his Bitcoin and ETH too. He calls it risk tolerance, with sales set on written plans 30 days ahead through an attorney, and he still holds Ripple stock. The news landed with XRP at $1.05, its lowest since August and down almost 20% on the week. Jeff and Chip walk through what he actually said, and why one of his own posts argues against the panic.

  • JoelKatz on value: it's hard to believe the XRPL succeeds while XRP fails to capture a good fraction of that value.
  • RLUSD transfer volume on the XRP Ledger went from $2.2B in January to $20.1B in October.
  • PNC, a $410B bank, is piloting stablecoin payments with Coinbase.
  • Bruce Fenton and John Deaton on why tokenized shares could hand everyday owners their vote back.
  • A first look at the new Badassery streetwear site, plus Squid Router's co-founder at XRP Seoul on XRP out-trading Bitcoin in Korea.
  • Also in the back half: the midterm fallout and voter-roll counts the hosts say top 100% of adult citizens in Texas, Alaska and Maryland, Rubio's 2015 Iran warning, the Massachusetts commission bill, Lincoln and the Insurrection Act, and why Republicans have two months to pass everything.

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