Ripple CTO David Schwartz, identified not just for his viral on-line moments relating to XRP and cryptocurrencies, but in addition for his important contributions to XRPL, not too long ago delivered one other such second. Many most likely could not perceive his newest publish that includes photo voltaic panels, however this publish has deep lore tied on to cryptocurrencies.
“Submit a photograph that solely followers can perceive” is the problem that Schwartz hooked up with a complicated picture, which, for these not acquainted, is said to the truth that he spent 40,000 ETH. These Ethereum cash have been bought for $0.311 every within the largest altcoin ICO in 2015.
Later, when the value of ETH rose 321.5% to $1, he offered his complete stash and used the proceeds to purchase photo voltaic panels.
https://t.co/bgda64sYKL pic.twitter.com/ZCu17OsGK1
— David ‘JoelKatz’ Schwartz (@JoelKatz) October 7, 2025
A win is a win, and a few would say that attaining a 321.5% return on funding is unquestionably a close to accomplishment. Nonetheless, if Mr. Schwartz had not offered his Ethereum holdings, his acquire would have been a whopping 1,521,498%, and the bag itself would have been value a whopping $188 million.
“What if…?”
For perspective, this makes him some of the profitable ICO buyers of all time, a narrative typically introduced up by crypto boards and Twitter customers as one of many legendary “what if” eventualities.
Nonetheless, historical past doesn’t tolerate a subjunctive ambiance. Who is aware of, maybe if Schwartz had held on, Ethereum itself wouldn’t have reached such heights. Along with that, the cash was effectively spent on what was wanted and his income changed into one thing sensible and sustainable.
For instance, Elon Musk, a well known photo voltaic panel producer whose Tesla subsidiary owns Tesla, would approve the allocation of such funds.
