Key Points
- David Schwartz clarified that no agreement compels him to provide false information to XRP holders.
- He emphasized that he chooses silence over providing misleading statements when disclosure limits exist.
- He maintains that lying under any non-disclosure agreement remains outside his boundaries.
- David Schwartz questioned the logic behind $10,000 XRP price forecasts as lacking market evidence.
- He explained that rational market behavior would push XRP toward $20 if investors saw genuine probability of $10,000.
David Schwartz addressed speculation that Ripple limits his public statements through contractual agreements. He clarified that no contract forces him to provide false information to XRP holders. His comments emerged amid ongoing discussions about XRP price projections and corporate transparency obligations.
David Schwartz Clarifies Stance on Non-Disclosure Agreements and Honesty
A member of the XRP community suggested that David Schwartz might face stringent non-disclosure agreements following his transition from executive leadership. The individual questioned whether such contracts prevent complete transparency regarding Ripple operations and XRP matters. Schwartz responded directly to these concerns.
He clarified, “I have never signed, and would never sign, any agreement that requires me to lie.” He explained that when he faces disclosure restrictions, he refrains from commenting entirely. He distinguished between remaining silent and delivering false information.
Schwartz transitioned from his role as Ripple’s Chief Technology Officer in December 2025. He accepted the position of CTO Emeritus while maintaining his board membership. This arrangement allows him to remain involved in conversations surrounding XRP.
He detailed that disclosure limitations lead him to withhold comments rather than make statements contradicting factual understanding. He emphasized that Ripple does not require him to deceive community members. His approach centers on truthfulness even when complete disclosure remains unavailable.
Market Logic Behind XRP Price Forecasts Examined
Schwartz challenged the widely discussed $10,000 XRP price projection during this exchange. He applied market rationality principles to evaluate such forecasts. His analysis focused on how informed investors would behave under various scenarios.
He reasoned that if sophisticated investors believed XRP carried even a 1% probability of reaching $10,000, market prices would already incorporate that possibility. He calculated that under such conditions, XRP would trade around $20 currently. Present market valuations show no such pattern.
He dismissed theories that Ripple possesses undisclosed strategies to artificially boost XRP valuations. He reasoned that any such mechanism would have already been deployed if it existed. He found these theories without factual foundation.
Earlier in the year, Schwartz commented on near-term predictions of $100 for XRP. He observed that genuine conviction in such targets would drive massive accumulation efforts. He noted that observable market activity would validate such expectations.
Schwartz also responded to calls for Ripple to burn its escrowed XRP holdings. Community members have suggested this action would benefit price performance. However, he maintained that token burning would produce minimal price impact.
He drew comparisons between XRP and Bitcoin price movements across equivalent periods. He pointed out that if escrow releases significantly influenced prices, XRP would demonstrate divergent patterns from Bitcoin. Historical data fails to confirm this escrow impact theory according to his assessment.
Schwartz maintains active public engagement following his executive role transition. He continues participating in discussions about XRP supply mechanisms and market behavior. His recent statements reinforced his commitment to avoiding any agreements that mandate dishonesty.





