Ex‑Ripple CTO Says Bitcoin Is Largely a Technological Dead End, XRP Army Reacts

When a respected but unconventional voice critiques one of the oldest and most iconic cryptocurrencies, the broader crypto world listens — and argues back. A recent online exchange ignited intense discussion about decentralization, blockchain history, and the true role of technology in defining long‑term success. What began as a critique of the XRP Ledger’s early block history quickly escalated into a sweeping debate about Bitcoin’s technological relevance, sparking reactions from across the XRP Army and beyond. At the centre of this conversation stood David Schwartz, the co‑creator of the XRP Ledger and now CTO Emeritus, whose technical insights helped shape one of the most debated open‑source blockchains in existence. Schwartz entered the discourse not to defend XRP from every attack, but to contextualize the ledger’s early quirks and, in doing so, challenge long‑held narratives about Bitcoin’s decentralization and innovation. Not really. I think bitcoin is largely a technological dead end for the same reason the dollar is. The technology just doesn't seem to matter all that much to its success, at least not at the blockchain layer. — David 'JoelKatz' Schwartz (@JoelKatz) February 12, 2026 The XRPL Genesis Controversy: A Technical Artifact, Not Centralization The flashpoint was an assertion by Bitcoin advocate Bram Kanstein that the XRP Ledger’s history — which publicly begins at ledger 32,570 — reflects centralization or manipulation. Critics have often seized on this missing block range to suggest that Ripple or its founders rewrote history to obscure information about XRP’s early distribution. In reality, as Schwartz has explained , those first blocks were simply lost due to a technical bug during early testing in 2012, leaving only the later ledger records intact. Resetting the ledger seemed counterproductive, as it would have eliminated even more historical data. The decision to continue from the last known good state ensured the integrity of the public record without retroactive reconstruction. Schwartz emphasized that this missing data does not affect the ledger’s functionality or the security of XRP holders today — a distinction many casual observers overlook. What critics dub “centralization” in this context is really the result of imperfect early software tooling and a development team navigating uncharted territory. The ledger’s governance today distributes authority among independent validators, reducing reliance on any single actor. Clash Over Decentralization: Bitcoin vs. XRP In replying to Kanstein’s critique, Schwartz shifted the conversation toward Bitcoin’s history, noting that Bitcoin itself has weathered moments that required coordinated human intervention — most notably the 2010 overflow bug rollback and other consensus‑level responses. These events, he argued, demonstrate that no blockchain exists in a vacuum free from collective decision‑making. In fact, Bitcoin’s survival often depends less on pure protocol immutability than on pragmatic responses by its community during crises. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 This reframing struck a nerve. Vince LaBido suggested that Schwartz might be referencing Bitcoin upgrades like SegWit as examples of centralization, but Schwartz clarified that he was focused on governance during emergencies rather than feature expansion — implying that true decentralization is more nuanced than most narratives allow. Taking this idea further, Schwartz went on to call Bitcoin “largely a technological dead end,” arguing that its success reflects adoption, cultural mythology, and narrative strength rather than ongoing technical evolution — much like how the US dollar’s position hinges on trust and habit rather than monopoly on monetary innovation. Ripple Backlash and the Spread of Opinions Reactions within the XRP community — often referred to as the “XRP Army” — varied widely. Some participants seized on Schwartz’s Bitcoin critique to undermine maximalist positions, while others asked pointed questions about why many RLUSD stablecoin positions continue to sit on Ethereum despite XRPL’s capabilities. Others offered broader reflections: one commentator noted that user experience, branding, and perception often outweigh pure technology in determining which platforms gain traction. Scholarly voices suggested Bitcoin’s staying power stems from its storied history, scarcity narrative, and “digital gold” identity rather than blockchain‑layer innovations. Some observers went further, casting Schwartz’s remarks as a direct challenge to Bitcoin maximalism, while others reminded readers that no system is perfect — and that debates about decentralization are unlikely to be settled anytime soon. The Broader Lesson What this exchange ultimately revealed is less about who is right and more about how deeply emotion, identity, and interpretation shape the crypto conversation. When a veteran architect like David Schwartz weighs in — blending technical nuance with candid opinion — communities react not just intellectually, but emotionally. In a space driven by ideology as much as code, that reaction tells us just as much as the original argument itself. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ex‑Ripple CTO Says Bitcoin Is Largely a Technological Dead End, XRP Army Reacts appeared first on Times Tabloid .