{"id":42530,"date":"2026-05-01T08:30:38","date_gmt":"2026-05-01T08:30:38","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=42530"},"modified":"2026-05-01T08:30:38","modified_gmt":"2026-05-01T08:30:38","slug":"david-schwartz-challenges-10000-xrp-theory-with-simple-question","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=42530","title":{"rendered":"David Schwartz Challenges $10,000 XRP Theory With Simple Question"},"content":{"rendered":"

Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. In an exchange on X, Schwartz framed the issue less as a debate over belief and more as a question of rational capital allocation: if sophisticated investors truly saw even a small chance of that outcome, why has XRP not already been priced far higher?<\/p>\n

Schwartz Pushes Back on XRP Moonshot Claims<\/h2>\n

The discussion began after an X user asked<\/a> Schwartz to comment on theories built around a crypto adaptation of Chris Burniske\u2019s Price = PQ \/ (V \u00d7 S) model, which some XRP supporters have used to argue for a possible $10,000 XRP. Schwartz answered with a simple market-based objection.<\/p>\n

\u201cIf there were a few very rich, very rational people who really believed that there was a 1% chance that XRP could hit $10K in 10 years, they\u2019d bid XRP up to at least $20 today,\u201d Schwartz wrote. \u201cWhy aren\u2019t they? Conspiracy?\u201d<\/p>\n

The point was not merely that $10,000 is a large number. Schwartz\u2019s argument was that if the expected value of such a target were credible to rational, well-capitalized investors, they would not wait passively. Even assigning only a small probability to a massive future price would, in his reasoning, be enough to justify aggressive buying at far higher levels than the current market has sustained.<\/p>\n

That answer cut directly into one of the recurring assumptions behind ultra-bullish XRP forecasts<\/a>: that the market has failed to price in future institutional utility, settlement demand, or some latent strategy held by Ripple. Schwartz\u2019s response suggested that markets may be imperfect, but they are not so inert that major pools of capital would ignore an asymmetric opportunity of that scale if they believed it was remotely plausible.<\/p>\n

The debate then moved to another familiar claim in XRP circles: that Ripple itself could use its own products, including Ripple Prime or treasury-related flows, to drive the asset dramatically higher. One user asked why Ripple would not \u201cuse their own stuff\u201d through those channels and suggested it could push XRP above $100<\/a>.
\nSchwartz rejected the idea that Ripple still holds some unused mechanism capable of massively repricing XRP on command.<\/p>\n

\u201cMaybe there was one time when you could semi-plausibly argue that Ripple had some easy way to shoot up the price of XRP massively for good but was just waiting for the right time to maximize something or other,\u201d he wrote. \u201cBut boy, it\u2019s hard to argue that today. For one thing, circumstances have changed so much that it\u2019s hard to imagine we\u2019ve held onto this magic switch for so long and it\u2019s still just waiting to go.\u201d<\/p>\n

He added that Ripple has already explained its strategy, even if the company does not disclose every internal detail. \u201cWe\u2019ve explained what we\u2019re doing, why we\u2019re doing it, and what we hope to achieve,\u201d Schwartz wrote. \u201cWhile we aren\u2019t transparent about everything, we\u2019re not hiding some grand conspiracy. At least not as far as I know.\u201d<\/p>\n

Another user argued that wealthy investors<\/a> often focus on wealth preservation rather than high-risk bets. Schwartz countered that this misunderstands how large pools of capital often behave. \u201cThe way rich people preserve wealth is by taking bigger risks than other people can stand to take,\u201d he replied.<\/p>\n

The exchange continued when another user suggested that very wealthy buyers would accumulate XRP over the counter rather than on centralized exchanges, limiting visible price impact. Schwartz conceded that could be true initially, but argued it would not change the broader conclusion. \u201cAt first,\u201d he wrote. \u201cBut they wouldn\u2019t stop until they had moved the price or run out of money.\u201d<\/p>\n

At press time, XRP traded at $1.3749.<\/p>\n

\"XRP<\/p>","protected":false},"excerpt":{"rendered":"

Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. In an exchange on X, Schwartz framed the issue less as a debate over belief and more as a question of rational capital allocation: if […]<\/p>\n","protected":false},"author":1,"featured_media":42531,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-42530","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nDavid Schwartz Challenges $10,000 XRP Theory With Simple Question - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=42530\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"David Schwartz Challenges $10,000 XRP Theory With Simple Question - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Former Ripple CTO David Schwartz pushed back against renewed claims that XRP could reach $10,000, arguing that the market itself already provides a reality check on such extreme price targets. 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