Ripple CTO praises Bitcoin's historical significance and economic value in recent discussion

From Investing.com

December 11, 2024 3:00:20 pm:

CTO David Schwartz highlighted Bitcoin’s historical significance and economic value in a recent discussion. He emphasized that Bitcoin’s history and economic impact set it apart, not just technical features. Despite Bitcoin SV’s impressive technical benefits, Schwartz argued that trust and usage are key factors in a blockchain’s value. The debate also touched on Bitcoin’s scalability and energy usage, with Schwartz noting its reliability as a store of value and financial asset. The discussion stemmed from a dispute with Craig Wright, who claimed to be Bitcoin’s inventor. Schwartz focused on preventing legal abuse rather than engaging in broader claims.

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