Ripple CTO Wants to Share XRP Facts with Caitlin Long

Key Points

1. Caitlin Long, CEO of Avanti Financial Group, criticized the XRP Ledger as a 'centralized network' and questioned Ripple's tokenomics, including the pre-mining of 100 billion XRP tokens.

2. David Schwartz, Ripple's CTO, volunteered to provide facts about XRP and the XRP Ledger to address Long's criticisms.

3. The XRP community defended the XRP Ledger's decentralization, noting that Ripple never conducted an ICO and that the ledger operates independently.

4. Long argued that Ripple's pivot to the stablecoin sector indicates a failure to dominate the market as initially intended.

5. The 2020 SEC lawsuit against Ripple centered around the pre-mined XRP allocation and its regulatory implications.