The adoption of Ripple products has been modest so far. There wouldnt be this amazing company that we have today if it wasnt for all the early work that David gave us. Asheesh: Alright, we got another deep one for you David, from Ruben. The rest of us can only dream of having the chutzpah to presume that we could explain Christianity to the pope, the head of the Holy See, the bishop of Rome. It's perfect. No one asked me to do that, but I thought it kind of came up naturally so, please, if youre interested in working at a great company in the crypto space, you know, were definitely one. But it also ensures that Ripple has an incentive to promote the stability of the network and the utility over the long term. Who knows? 8. At age 48, Schwartz, bearded and balding with shoulder-length hair, is the Gandalfesque wizard of San Franciscos Ripple and co-creator of the third-most-valuable cryptocurrency, XRP. Its actually a very compelling story if youve never heard it Ill copy the original article down below. Victoria Anderson, Galit Rozen & Family wrote a sympathy message, In loving memory of Joel Katz, But even more traditional companies like Seagate, Now serious: great reply, really took his time once again to explain things properly. Jan 1988 - Jan 19913 years 1 month. A truly bombshell story broke this week that the U.S. Government has known who Satoshi Nakamoto is all this time. David Schwartz CTO at RIpple and one of the original architects of what is now the XRP Ledger. Please don't include any personal information such as legal names or email addresses. https://www.quora.com/If-a-large-amount-of-banks-were-to-adopt-xrapid-and-started-using-xrp-how-would-that-impact-the-tokens-value, We're trying as hard as we can, and we've had some success. posts! Known as "JoelKatz," he is a respected voice in the digital currency community. There may be people who just dont like it. Username. So for a while, I was Stimpson Joel Katz. I think we all know the obvious. Started 4 hours ago, By Eric123 Thats how other people know to listen to them. Russia Puts Together Mining Mutual Fund Solana Promises New Upgrades To Solve Issues Apple Standing In The Way Of Uniswap Wallet. Trending: Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks. While we get to work closely with our CEO every day, we realize most of the internet isn't as lucky, which is why we decided to have Very nice.I like the companies he used as examples. Asheesh: Excellent. If you want to google for it, do so at your own risk. So, you dont have scaling issues with RippleNet itself. Hi, David. The multilevel distributed pc system was the brainchild of Ripple's current CTO David Schwartz and it featured similar architecture to what Nakamoto [] Cat from The Ren & Stimpy Show), to pseudonymously publish his philosophical meanderings. But the future is never certain. Replying to @XRP_SAFEMOON. Name. Ripple Labs CTO David Schwartz is giving some reasonably sound investment advice, though it comes at For much more on this, I give you two killer videos. Could one of the architects of XRP be the fabled Satoshi Nakamoto? And then you have the empty seatwho was #4? Born: Joel David Katz (1932-04-11) April 11, 1932 (age 90)Cleveland, Ohio, . Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! Seeing something unexpected? On the bitcoin and ethereum blockchains, for example, validation comes from independent miners vying to confirm new blocks of transactions in exchange for the cryptocurrency. FTX Confirms $9 Billion in Customer Funds Vanished. I think its more plausible that Satoshi was a small group of people given the wide set of skills displayed and the amount of work done. Jewish lives lost to the coronavirus. Nodes that we believe are unlikely to collude. I think thats just unbelievable. 02 Mar 2023 17:58:50. And yes, I confirmed myself its not a Photoshop, that is literally the jacket @JoelKatz is wearing in his most recent Twitter profile pic: Just a HUGE coincidence that his jacket just happens to have the same logo of the ship from the Cartoon Bear? Does it rust? Whats the second part of the question? HAL1000 How do you know when your date with a pilot is half over? David "JoelKatz" Schwartz @JoelKatz. Thank you.. His answer to the question is on point. You could always try fraud, it got Sam Bankman-Fried his own page . J Patient Saf. xRapid frees up this capital and lowers costs by substituting the local currencies with the XRP cryptocurrency. MathewAnderson Its a control, says Schwartz. With Ripples value at $4.7 billion (and XRPs market cap at $13 billion), Schwartzs net worth is estimated to be about $90 million. AKA: David J Schwartz. Photographs and videos show in the same page! And that essentially behaves kind of like a smart contract. says the bartender. Leave a sympathy message to the family on the memorial page of Joel Katz to pay them a last tribute. So, I think we can unpack two issues there. Were always recruiting. It could be financial institutions that are using XRP for settlement. A distinguished group of attorneys who have consistently earned high rankings from their peers in the annual Legal Elite voting. All Activity; Home ; XRP ; General Discussion ; my conversation with David Schwartz, aka Joel Katz Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks, Tether Denies WSJ Allegations About Bank Fraud. I think we have good documentation. And @Kevin_Cage_ suggesting again that Arthur, Jed (another character) and Schwartz definitely know who Satoshi is (if its not Schwartz or Britto): Nice jacket Satos.I mean, David pic.twitter.com/yayaB7TK6x, Optimistic Prime (@hushm0n3y) December 8, 2021. My personal fortune is aligned with the success of the company and its products, Schwartz says bluntly. I think also we built in a sort of, like a peer-to-peer lending system at the heart of the ledger, which I think could be extremely interesting for the future. And he asked me if I wanted an account and I said yes. UPDATED: Joel Katz, one of the music industry's most powerful attorneys and founding chairman of the Greenberg Traurig's entertainment and media practice, has resigned . Will be forever grateful to him for his care & kindness., I am utterly in shock as I write this. David E Schwartz, 72 Lives in Reno, NV. 14 GitHub profile guide. The smartphone app allows customers to move money between four pilot countriesSpain, the United Kingdom, Brazil and Poland. You dont want a project this big to be reliant on a single human being. Banco Santander, for example, is working with two other financial infrastructure blockchain platforms, Hyperledger Fabric and Ion, to explore other applications. The process involves regulatory oversight, compliance checks and other layers of protection, and is facilitated via a complex series of service agreements. David: As Brad said, we have focused on doing one thing and doing it really well, and that is settling payments. always with the Uber and Airbnb and lately more and more amazon. The original creators of the XRP Ledger gifted their XRP to the company. (1 page) Asheesh: And to that note, I mean, the early days of Ripple we would send a satellite phone with David [when I was on vacation] so we could call him 24/7. Now let's talk about me.". Questions to mr Schwartz, the IF in if xrp gets used significantly. Jason Ariano. Russia Puts Together Mining Mutual Fund Solana Promises New Upgrades To Solve Issues Apple Standing In The Way Of Uniswap Wallet. I took all of my responsibilities and I handed them off to teams. Capital Improvement Fund. Over a dozen cuneiform tablets from Ur record the failed business dealings of Ea-Nasir. Facebook gives people the power to share and makes the world more open and connected. -. Write your message of sympathy today. The function of a doorknob is to control the movement between two spaces. Thats not all though, according to sources Schwartz also worked for The C.I.A., and there are rumored emails of Nakamoto praising Ripple as early as 2009. I hope I get to meet him some day! Working for the Government? It sounds silly, but to me it might as well have been magic.. But the important thing is anyone who did that attack has to cryptographically sign every single message they send. A person can manipulate the news for their own advantage. Well, thats not entirely accuratehe didnt say it so much as shout it like he does everything, but still the point remains. He was our allergist for many years till we relocated to Florida in 2019. Perhaps it was a team of people? I need a smoke! Ok, so after going full on fanboy and freaking out a bit, then I had a blast actually reading his messages.yes plural. Invented a hierarchical system for distributing workloads over multiple computers. Escrow doesnt really have a counterparty to the extent that there is a counterparty it is the XRP Ledger, it behaves very much like a smart contract. Let's hope all the XRP haters are on Quora, but I'm doubtful bout that. Cover image by Jamel Toppin for Forbes. The name David Schwartz has over 1476 birth records, 209 death records, 350 criminal/court records, 4980 address records, 1369 phone records & more. Mrs. Katz, 24 years old, teaches the second grade at the Oak Lane Day School in Blue Bell, Pa. She graduated from Boston University, as did her husband, and received a master's degree in education . As for the validators, Schwartz claims that only 10 of the 150 currently supporting the network are managed by Ripple. "No, it's Thursday." Who knows? Ironically, Schwartz, Ripples most zealous ambassador, opted for a salary and a 2% stake in Ripple, instead of the XRP cryptocurrency he helped create. So, thats just done by listing them. Crypto-anarchists were beginning to explore the bitcoin blockchain as a way to avoid central oversight. My condolences go out to his staff, friends, and family., I am so sad to hear about the passing of Dr. Katz & wish to extend my Deepest Sympathy to his family. I'm saving it for an emergency. Ripple is fighting a $1.3 billion SEC lawsuit over whether its XRP token is a security. David "JoelKatz" Schwartz @observingfroma2 ! Kimberly Avelin. . Despite the fact that none of Ripples early banking partners were using XRP cryptocurrency, its penny stock price, coupled with confusion over its actual relationship to Ripple, caused XRP to soar on crypto exchanges to a peak of $3.65 in January 2018, up from $.006 only a year before. A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media Its actually a very compelling story if youve never heard it Ill copy the original article down below. So, I thought, well the J could stand for something, why not Joel. And what is the next technical problem for XRP? DaddyCrypto. Maximum 100 characters, markdown supported. Were looking for ways that we can encourage that. What are you most proud of amongst the past five years of achievements? buckor, January 17, 2018 in Saw Dash partnership recently. Banks interest in Ripple coincided with the general excitement bubbling up around bitcoin in 2016 and 2017. Let's take a look at the information connecting Schwartz to the Nakamoto identity: Digital Asset Investor: "John McAfee allegedly tweeted in 2019 that David Schwartz is the secret creator of BTC and quickly deleted Tweet. Connected? In other words, Schwartz was gaining a working knowledge of cryptography at a high level. David "JoelKatz" Schwartz @xrp_miss ! It's perfect. Dec 25, 2022. So I told him to just make something up because he kind of put me on the spot, like what name should I use. Schwartz went on to help build two financial tools that would become Ripples first core products: xVia, a payment interface designed to let users send payments globally with increased transparency, and xCurrent, enterprise software that lets banks initiate and settle transactions. Little known David Schwartz fact: I can materialize a small, plug in electric lamp, with working bulb and plug, any time I want to. Along the way, Schwartz developed an online persona, JoelKatz (the name was inspired by Stimpson J. And then, once you have all those properties, is there some use case for that?. We have lost a true gem. Not financial advice. They say, "Well, that's enough about flying. Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! Chris Larsen, Ripples executive chairman, adds: Hes, if not the soul, hes a key part of the soul of what were trying to do here.. So, thats the role that validators play. That's why Joel won't be able to provide you that answer as well. Mar 2, 2023 . Hes got a good question here: Could you share any updates on the XRPL gateway strategy. On either side are the offices of Bank of America and U.S. Trust. Yes sure but it's not up to ripple is is it. There's a much more offensive version of this joke involving the seven drawfs and the pope. The debate centers around trust. Ripple's CTO YouTube channel, David Schwartz (or "Joel Katz", as he is known on the internet), was suspended on Wednesday for "impersonation". MathewAnderson The product didnt sell well, but demand for programmers rose during the dot-com era, and Schwartz pursued a number of network-related programming positions. David "JoelKatz" Schwartz @JoelKatz 3 years. Oh, but the transactions are all public on the ledger right and we can see he is selling to different wallets? How tall is a penguin?!" Read more. And we all love and trust the CIA, right? XRP Lawsuit Update - Whats in line for XRP price in 2023? Found 285 people named Joel Katz along with free Facebook, Instagram, Twitter, and TikTok profiles on PeekYou - true people search. Someone else? But heres where the story gets really good. John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. Join Facebook to connect with Joel Katz and others you may know. As a precocious preschooler in suburban Long Island in the 1970s, he began programming his fathers Texas Instruments and Hewlett-Packard calculators, mostlyto create pictures on their tape readouts. This was a fun video we shot at Swell 2019. In early 2011 Schwartz was looking for something new. Schwartz dismisses such objections: When you try to update a legacy system, you tend to be pressured to keep things as opposed to replacing them. How is any of that possible, unless.youre a made man. 32. We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. David: I think the proudest achievement has to be the team that weve built here. I encourage you to check out the thread byAnders L which you can access by clicking on his tweet below. Next Ethereum Upgrade Slated For April Advertising / Affiliate / Financial Disclosure. Do these prices seem just a bit high to you? Search by Name . Wright posted that Bitcoin could never be adopted by institutional investors unless a court order was involved to "recover the system"which doesn't immediately make sense. We do see other use cases for XRP. What an amazing man and physician. It could have been one person, but that seems somewhat unlikely to me.. David: RippleNet scales horizontally. Big milestone for Ripple and the entire community. In this way Ripple hopes to transform XRP into a decentralized reserve currency for international banks. In loving memory of Joel Katz, As far as this idea of sort of having a benevolent dictator at the center, I think its to some extent inevitable. David "JoelKatz" Schwartz @JoelKatz. What if it all leads back to Ripple and David Schwartz? A resident of Athens since 1997, he is a member of the Real Property Section of the State Bar of . pic.twitter.com/C93KM8plND. And if persuading bankers to switch to the largely untested Ripple platform wasnt difficult enough, the company also faces competition from a host of other startups, including Stellar, a blockchain money-transfer firm formed in 2014 by one of Ripples founders. He was the first allergist to actually care and hear me. My thoughts and prayers are with you and your family during this difficult time., Dear Hilary and Katz family They are incredibly interesting, lets take a look. (@JoelKatz) December 7, 2021. By Importantly, while only permissioned institutions can use Ripples products, xRapid is designed to make it easier for banks to use the XRP cryptocurrency, which anyone can buy, and the XRP platform on which anyone can build. While we dont know the names of the four, credit to Working Money Channel for putting together what we are all suddenly starting to presume: Lets take a second to break this down and make sure you understand all the nuances here. Im Asheesh Birla, Im the head of product at Ripple. People who use cryptocurrency have interest. Meet The Worst Businessman Of The 18th Century BC. This is a day I will remember for a long time. And I think we all know how incredibly smart he is. As the companys newly appointed chief technology officer, Schwartz is on a mission to dismantle and reassemble one of the biggest gateways on the planetthe one that connects nearly every bank in the world so that trillions of dollars can move from account to account. Help me understand the escrow account deposit of 62 billion ripples XRP by creators.. Man: How is it that you are constantly watching cooking shows but haven't made a decent meal in 20 years? Do you foresee XRP becoming liquid enough to be an intermediary currency between other coins, the way that BTC Bitcoin is now? Started January 2, By Re-tweeted tweets and favorited tweets are shown so that they are easily spotted! the first pilot asks. Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. Hilary and family wishing you all a Long Life I think we definitely realize that now. I have watched some ups and downs for the company. And he thought, well, hell take that and kind of humanize it into Stimpson J. Katz, K-A-T-Z. There is no photo or video of Joel Katz.Be the first to share a memory to pay tribute. We start with Jed McCaleb, a guy who constantly seems to skirt any liability or responsibility of any kind, with seemingly no valid reason why. And that provides some level of predictability in the release of the XRP supply. The first from our good friend at the Working Money Channel. John McAfee allegedly tweeted out that David Schwartz was the creator of Bitcoin and quickly deleted the tweet. If you do the foreplay (the software) are you gonna stick it in later or nah? Asheesh: Excellent. Next one is from Shazad. Is it really strong? They just put them in order. Davids not a guy who is going to require a lot of micromanagement, Garlinghouse says. Ron DeSantis, Attorney General Ashley Moody, and other members of the Florida executive cabinet or legislature to register with the state or face fines.. Perhaps it was a team of people? Trending: Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks. Dr. Katz was my allergist for so many years and I even designed his website for him. As of June 2018, some 180 banks were using this encrypted, non-blockchain alternative to transfer about $100 billion in cross-border payments per day. So, the way that we handle that is validators have a cryptographic identity, just like accountants do. Are there any plans to improve support for developers who may be interested in building on top of XRP?. What if it all leads back to Ripple and David Schwartz? Fax: (706) 543-1923. I was the first person hired by Jed McCaleb to investigate whether a distributed agreement protocol could solve the crypto-currency double spend problem without a central authority. The Digital Asset Investor - the smoking gun videos. Courtesy. Schwartz naturally went straight to Twitter: Cause and Consequence: The Ripple Process The events are also strangely aligned with a recent case between Ripple and Youtube. What if it all leads back to Ripple and David Schwartz? So, weve got one from XRPedia: What type of companies will host lists of recommended trusted nodes? Maybe we will never find out the real truth. Ripple Executive Reveals Company Is In Talks With Over 20 Central Banks, Tether Denies WSJ Allegations About Bank Fraud. When he speaks, I listen. We dont anticipate that thats going to correlate to any increase in the rate at which we use XRP just from the fact that the release rate is higher. DUH! David: Weve kind of rotated away from the gateway strategy and focused more on liquidity from XRP coming from the other native ledgers. youtube.com. David "JoelKatz" Schwartz @JoelKatz Handled. I think weve seen recently that governance can be a big issue and it is important to have good governance, and that requires stakeholders to act, to decide what their interests are and to make those things clear. McAfee Tweet: Satoshi is and always has been the only person it could ever be David Schwartz pic.twitter.com/MJwZVAvOwz, SpiritualWarlord (@truthcrumbs) June 24, 2021, And heres where it starts to get REALLY interesting. And then you could have a malicious attack where that person sort of refuses to order transactions. to such a noble profession. XRP is mostly just going to be a matter of incremental improvements, things like resource consumption of the software and transaction throughput. I encourage you to check out the thread byAnders L which you can access by clicking on his tweet below. Im just so extremely excited. Alright, so the next one. Btoh shar avey-let tzion vi-rushs-la-yim. And then, probably a month and a half later, we reached the point where I proved to him that yes, this would work, it would be possible, but we didnt know what it would be good for. Bonus question, if youre up for it: How many lists do you expect there to be in a mature, decentralized network?. Replying to @JoelKatz @BearableMike321. In 2012, while Schwartz and Britto wrote code, veteran tech executive Chris Larsen, who previously worked at Prosper Loans, joined Ripple as its first chief executive. A list of tweets where David "JoelKatz" Schwartz was sent as @GothamGirlBlue. When that barrier goes away, you understand it. . A man runs into a bar, demands a double whiskey and gulps it down immediately.