In a current social media submit, Ripple's Chief Expertise Officer David Schwartz revealed that he mined a complete of 250 Bitcoins within the early days of cryptocurrency.
This comes after the consumer shares a picture of Schwartz carrying the crimson “Bitcoin Miner” T-shirt.
Schwartz first obtained concerned in Bitcoin in 2011. By the point he found Bitcoin, Nakamoto at, the mysterious creator of main cryptocurrencies, had already left his closing message.
“I purchased it from somebody who promoted it on the early Bitcoin boards. It was cool to make use of Bitcoin to purchase one thing,” remembers Schwartz.
Ripple Govt in 2023 Recognised That he hoped he had found cryptocurrency earlier than. He stated he couldn't see the value of BTC dropping to $2.50.
In line with X's newest submit, when Schwartz started mining, Bitcoin was already value round $30.
Final April, Schwartz revealed that he had offered Bitcoin Holdings to purchase XRP and Ethereum (ETH).
There was additionally (or slightly unfounded) hypothesis that Ripples CTO was Nakamoto at. Nevertheless, Schwartz dispelled such rumors on varied events.
“I needed to be atshi with virtually each ability set. It's definitely believable that I'm a part of the group. However nonetheless, that's not true. I didn't learn about Bitcoin till 2011,” Schwartz tweeted in 2021.
Schwartz has repeatedly criticised Bitcoin, specializing in its excessive vitality consumption and scalability points stemming from its Proof of Work (POW) consensus algorithm.
