David Schwartz is clearing the air around an old statement that’s been circulating again in the XRP community.
The comment, originally made back in 2017, said that XRP couldn’t stay “dirt cheap” if it was going to handle large global transaction volumes. Over time, some people took that as a promise that XRP’s price would eventually rise significantly.
Schwartz says that’s not what he meant.
He explained the point was purely about how markets work — not a prediction or guarantee. In simple terms, if XRP is priced low, you need more tokens to move large amounts of money. If it’s priced high, you need fewer tokens. The system still works either way — it’s just basic math and liquidity.
He also said he thought about deleting the old post but decided not to. His reasoning: removing it would only create more confusion, especially since people are already misinterpreting it.
Schwartz also pushed back hard on another long-running belief — that Ripple has some kind of hidden switch or tool that could suddenly drive XRP’s price way up.
According to him, that idea doesn’t hold up anymore.
He pointed out that if there really were even a small chance of XRP reaching extremely high prices (like $10,000), large investors would already be buying aggressively and pushing the price higher today. Since that’s not happening, he suggests those theories don’t make sense.
He also addressed rumors about Ripple’s partnerships and NDAs, saying they’re standard business agreements — not evidence of secret government plans or hidden adoption strategies.
Right now, XRP is trading around $1.38, far below its past highs. Despite stepping back from his full-time role, Schwartz remains one of the most active voices in the XRP space, often responding directly to community questions and speculation.
Bottom line:
Schwartz is saying there’s no secret plan, no guaranteed price, and no hidden mechanism — just normal market forces at work.
