⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Ripple CTO Tags Elon Musk in Provocative Tweet

Published 2023-12-22, 08:44 a/m
© Reuters.  Ripple CTO Tags Elon Musk in Provocative Tweet
XRP/USD
-

U.Today - Chief technology officer at Ripple blockchain decacorn and a cofounder of XRP Ledger David Schwartz has taken to the Twitter/X social media platform to publish a provocative message about the platform’s owner, .

Schwartz explained why he is doing that, prompting a wave of comments in response.

Ripple CTO 'challenges' Elon Musk and his billions of USD

Schwartz wrote what quite a lot of people have written on Twitter about Musk over the past couple of years, hinting that he could solve the problems of all humanity by sharing his tremendous wealth with them.

The tech mogul has a net worth of roughly $250 billion. With the global population comprising around eight billion (and continuing to grow at a rapid pace), Musk could give each person one billion USD, the Ripple CTO provocatively stated, and he would still have more than 242 billion U.S. dollars left for himself.

Similar calls on Musk were often heard last year, when he announced his intention to acquire Twitter. Back then, people wrote in their tweets that with those $44 billion, Musk could have solved the problem of hunger in Africa, and in the developing world in general, instead of spending this money on purchasing another company.

Here’s why Schwartz tagged Musk

While those people’s understanding of Musk and the hunger problem can be questioned, the Ripple CTO has explained the goal of today’s tweet – he wants to “get community noted,” Schwartz wrote in a comment to his own post.

Community Notes is a service on that suggests corrections to published materials: tweets and articles shared by X users. This is how Elon Musk is trying to fight misinformation and unreliable data on his social media network. Recently, he introduced a new upgrade to Community Notes: notes will now appear under tweets much faster than before, by one hour. According to the tweet, this helps to move the system “from a batch update process to real-time streaming infrastructure. The scorer now receives ratings via streaming rather than waiting for a batch update of new ratings.”

introducing the upgrade sparked a wave of support and encouragement from the crypto community on Twitter.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.