The XRP emails of Jeffrey Epstein have only recently surfaced, and they are currently under close scrutiny since these indicate how XRP of Ripple, and its cross-border payments, were perceived by early crypto insiders. Leaked discussions about the Mojaloop XRP evaluation, which include technical comparisons with Ripple and Stellar networks, supplement these emails. As of writing, these reports point out the early adoption issues regarding Ripple, the discussions surrounding Ripple vs Stellar payments, and even the fact that the concept of XRP cross border payments was thought of as a challenge to the Bitcoin-aligned investors.
Also Read: XRP Gains Chances: Real Or Not? Experts Clarify the Truth
How Ripple vs Stellar Shaped Early XRP Networks in Epstein Era
Industry Pushback Against Ripple
Ripple Riding the Wave of Industry Opposition. Austin Hill, a co-founder of Blockstream, cautioned about supporting Ripple or Stellar, writing in a July 31, 2014 email to Jeffrey Epstein and others that supporting Bitcoin-centered stakeholders would result in conflicts. He expressed that sponsoring two horses to run in the same race would create some reputational and strategic problems. This was among the Jeffrey Epstein XRP correspondence that traders have been interpreting since then.
This was what David Schwartz said:
“This is an email from Austin Hill to Jeffrey Epstein explaining that Hill felt that support for Ripple or Stellar made someone an enemy/opponent. It seems quite likely that Hill and others expressed similar views to many other people.”
Mojaloop XRP Assessment and Comparisons
Emails of the Mojaloop Foundation leaked, Myrle Krantz referred to Mojaloop as a Ripple fork with Stellar being heavily overlapping. He emphasized push payments and real-time settlement as primary innovations but had difficulties integrating with Fineract systems. These messages show how the model of XRP cross-border payments was evaluated against other networks. They also revealed how the issue of adoption was a pivotal factor.
Adoption Problems and Market Implications
Combined with the emails and Mojaloop tests, it is possible to indicate that the early adoption of Ripple was hindered due to the lack of interoperability and network trust among investors and developers. There was technical promise in the push payment system offered by Ripple and Stellar, but considered disruptive. According to traders, Jeffrey Epstein XRP emails marked the realization of the strategic importance of Ripple. However, their direct involvement was not established.
David Schwartz had this to say again:
“It seems quite likely that Hill and others expressed similar views to many other people.”
Also Read: New Forecast Sees XRP Hitting $7.77
Credit: Source link
