2024

DeFi

David

Passive Income

<ul class="news-points">
 <li><strong>Schwartz highlights XRP’s volatility and potential for gradual appreciation, akin to Bitcoin.</strong></li>
 <li><strong>AMMs can leverage crypto volatility for sustainable yield, says Schwartz.</strong></li>
 <li><strong>Realistic returns and risk management are key in DeFi investments, per Schwartz.</strong></li>
</ul>
<p>In a recent statement, <a href="https://coinedition.com/ripple-xrp-and-polygon-matic-lose-holders-interest-as-blastup-blp-draws-massive-investor-inflow/" rel="noopener noreferrer nofollow">Ripple’s</a> Chief Technology Officer, David Schwartz, addressed queries about the XRP token’s appreciation potential and its role in passive income generation. Amid the crypto community’s conversations, particularly on the XRP Ledger’s automated market maker(AMM), Schwartz offered opinions on XRP’s nature and the comparison of long-term Bitcoin behavior.</p>
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   <p lang="en" dir="ltr">Here is a chart of bitcoin over the past 12 years on a log scale. The long-term behavior is that of gradual appreciation.<br><br>When evaluating things like AMMs or staking, I generally evaluate them as an alternative to long-term holding which gives you this long-term gradual… <a href="https://t.co/KK718g0c1k" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/KK718g0c1k</a></p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1766949363644071981?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 10, 2024</a>
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<p>He highlighted <a href="https://coinedition.com/xrp-payment-giant-ripple-appoints-new-chief-financial-officer/" rel="noopener noreferrer nofollow">XRP</a> as a high-volatility asset, akin to many cryptocurrencies, but noted its gradual appreciation pattern similar to Bitcoin’s over the past 12 years. Schwartz’s comments came a…</p>
<p>The post <a href="https://coinedition.com/ripple-cto-clarifies-xrps-path-to-passive-income-amidst-defi-buzz/" rel="noopener noreferrer nofollow">Ripple CTO Clarifies XRP’s Path to Passive Income Amidst DeFi Buzz</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple CTO Clarifies XRP’s Path to Passive Income Amidst DeFi Buzz

Coin Edition

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