Ripple CTO Emeritus David Schwartz has clarified his long-standing view that XRP cannot remain “dirt cheap.” He explained that a lower XRP price can actually make the asset more expensive to use for payments and exchanges. The clarification came after an X user revisited Schwartz’s 2017 remarks, asking what he meant when he previously suggested that XRP “can’t be dirt cheap.” In response, Schwartz said the idea is often misunderstood, stressing that a low XRP price increases the cost of using the network rather than reducing it.
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