There is a part of what David Schwartz said that deserves to be clearly understood: he considers it very unlikely that XRPL will achieve massive success in finance while $XRP continues to have low demand and low value. That is the core of his message. And he’s not saying this as someone who just discovered this technology—he’s one of the engineers who created XRPL. Think about it simply: sharing a network doesn’t mean everyone wants to receive the same thing. Some will use digital dollars, others euros, and others different assets—and they’ll need to exchange them. That’s where XRP can serve as a bridge, when routing through it is more efficient than making a direct exchange—not out of obligation or loyalty to Ripple, but because it simply works better. That possibility already exists on XRPL. Therefore, when someone says, “They can use the network without using XRP as a bridge,” they’re referring to something possible in certain transactions. But for the network to achieve large-scale success while XRP remains with low demand and low value is precisely the scenario Schwartz considers very unlikely. The only exception he raises would be a world where a single asset dominates nearly all settlements—and even that scenario doesn’t seem likely to him. To me, this is far more interesting than any price prediction. He’s explaining why he finds it difficult to imagine XRPL achieving major financial success without XRP experiencing high demand and value. His position is even stronger: he considers it very improbable that XRPL can succeed on a large scale while XRP is left behind.