Ripple has taken 1.2 billion USD XRP sales

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The year 2019 to the end also went for Ripple and XRP. It is one of the worst years for XRP is probably and arguably one of the best for Ripple. Ripple could not only attract further partners in the country, the On-Demand Liquidity with XRP as a bridge currency, but also a lot of revenue through the sale of their own XRP from the Escrow to generate. XRP is, by contrast, fell by almost 50% since the beginning of the year and has made many investors very unhappy. This topic is sparked from the Crypto-Community at the end of the year again. Here, it is mainly to the regular sales of XRP by Ripple.

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To neglect XRP sales of Ripple really?

The early Bitcoin developer Peter Todd compares the XRP sales of Ripple with ICOs to other projects.

XRP, like almost all of the ICO Coins, it must not exist, and gives You no real rights to anything. Its purpose is to give Ripple money by selling it to suckers.

This was also not taken from the Ripple position and again expressly pointed out that the sales of XRP to “ICO”. David Schwartz, the CTO of the company, says that Ripple’s early sales of XRP “would be negligible”. From the beginning the company from Angel Fund investors, he explained, noting that sales of XRP started only after there was already an “established market”.

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Ripple has taken since 2016, a total of 1.2 billion USD by XRP sales

Ripple has just begun in the year 2016 with the sales of their own XRP. In recent years, the sales of travel have taken a total of 1.2 billion US-dollars in the coffers of Ripple flushed. At least according to the statements of The Block founder Mike Dudas. Mike basically out of the question, whether the XRP sales of Ripple are really negligible. In a Tweet, we see a very clear comparison.

Mike is attacking the company and David Schwartz in the same train:

The outrageous dishonesty and revisionist history of the leadership of this company are absolutely stunning.

It comes to a slugfest with David Schwartz

Then has reported to David Schwartz and Mike accused of spreading deliberately false information, and his Argument in the wrong context.

Larry Cermak asked Schwartz to reveal how much percent of the revenue from the Ripple in the year 2019 from the sale of XRP and how much of a percentage from the sale of Software to banks. Schwartz said that he is not allowed to disclose those Numbers.

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Schwartz has defended in the run-up to the sales of XRP by Ripple, by saying that no digital Asset Ecosystem to be perfect. He compared it with the Bitcoin miners who sell their BTC to a part of the operating costs for the Mining cover. This comparison is not only fundamentally wrong, but also testifies to a certain lack of understanding of the Ecosystem around Bitcoin.
We are looking forward to the quarterly reports of MoneyGram and Ripple in January 2020. There, we will certainly get some more information about the latest events of the two companies. Likewise, concerning the actual XRP sales. We keep you up to date.
How do you see Ripple and XRP? Only the company is enriched by the sales?
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