Bitcoin creator Satoshi Nakamoto was talking about Ripple 13 years ago
Satoshi Nakamoto, the mysterious creator of Bitcoin (BTC) and architect of the new digital economy, became aware of Ripple 13 years ago, in 2009. This was revealed in a video by Crypto Ari, a prominent blogger in the XRP community, which is based on. His thesis on the personality of Ryan Fugger. The Crypto Influencer’s Take Was Up Next Confirmed By Ripple CTO David Schwartz.
As it turns out, Ripple as a decentralized payment system was invented by Fugger back in 2004 and was called RipplePay. Over time, Fugger handed over the concept to Chris Larsen and Jed McCaleb, and the rest is history.
Another Argument to Deny XRP and Ripple Codependency?
According to Schwartz, Ryan Fugger did not have the technology to create decentralized assets at the time, so he built a peer-to-peer system with interoperable centralized assets. This is also indirectly confirmed by Fugger himself, who in 2016 said on his Twitter account that he never had XRP in Ripple and that the idea was not his.
John Deaton, a pro-crypto lawyer and representative of XRP holders in the current SEC litigation against Ripple, then joined the conversation. Addressing Schwartz’s comment, Deaton said that it was for this reason that back in 2014 the U.S. Government Accountability Office described XRP as “the virtual currency used in a decentralized payment system called Ripple.”
