David Schwartz Debunks XRP Conspiracy Theories

David Schwartz, the honorary CTO of Ripple, has publicly refuted popular conspiracy theories regarding the US government s alleged secret plans for XRP. Since 2013, there have been widespread speculations that the token will become a global reserve currency and unify all banks. Schwartz emphasized that while Ripple does have confidential partnership agreements, most claims about a major hidden implementation of XRP are false.
There are many secrets. Many Ripple partners insist on non-disclosure agreements to keep their operations confidential. However, conspiracy theories that constantly assert that something grand is about to happen or that the government is about to undertake something massive are almost always completely false,
Schwartz stated.
He was questioned about Ripple s collaboration with 30 central banks. A community member referred to earlier statements by Ripple board member James Wallis, who mentioned that Ripple is in talks with nearly 30 central banks.