In a recent online debate, someone brought up the question of David Schwartz’s loyalty in the XRP community. As Ripple‘s Chief Technology Officer and a significant contributor to the XRP Ledger’s development, Schwartz’s allegiance was called into question by a community member. They argued that his primary loyalty lies with Ripple Labs rather than the larger XRP ecosystem.
In response, Schwartz provided deep thoughts on the topic of loyalty. He recalled a past discussion with Chris Larsen, Ripple’s co-founder, during which the idea of loyalty was brought up in relation to Schwartz possibly joining Ripple’s board. Schwartz explained that his loyalty goes beyond people and includes principles and values. He emphasized that it is something that is earned rather than assumed.
A long time ago, during a conversation with Chris Larsen, he expressed his desire for me to join Ripple’s board due to my loyalty. At that point, I assumed he meant being loyal to him personally. I assured him of my loyalty towards him as the suitable person to lead Ripple, given his rationality.
— David “JoelKatz” Schwartz (@JoelKatz) April 18, 2024
The Ripple CTO stressed his dedication to open debates within the company, showing readiness to express opposing views if he believes it is essential. He highlighted the significance of honesty and morality in guiding his choices, asserting that his devotion stems from adherence to his personal and ethical principles.
Holdings
To alleviate worries about potential conflicts of interest, Schwartz openly declared his significant ownership of Ripple shares. However, he assured that monetary matters do not govern his allegiance. He reiterated his dedication to honesty and ethical practices, stating his willingness to step away from Ripple if necessary, should his principles be jeopardized.
In the course of his speech, Schwartz strongly stressed the value of honesty and genuine actions in one’s career. He underlined the significance of staying faithful to one’s principles, no matter the external pressures or judgments.
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2024-04-19 12:16