In this episode of Compound Witness, @eykc chats with David Schwartz, Co-Founder & CTO of @Ripple (XRP). Ripple is a one of the original blockchain innovators, with its multibillion-dollar Layer-1 Mainnet, initially released in 2012. In this episode:

00:00 Preview
00:57 Early Bitcoin Bounties Become Down Payment on House
07:09 Founding Ripple: Cracks in Early Bitcoin Narrative
10:18 Bitcoin as an Alien Artifact
11:28 Ripple's Core Focus: Payments
12:52 Banks Don't Care About Innovation
16:01 Bottom Up Building Exciting b/c of Technical Challenges & Vision
20:01 Comparing Early VR Days to Nascent Blockchain Ecosystem
21:36 Unique Node Lists (UNL): Cost & Speed Benefits over Proof of Work
33:50 Store of Value vs Application Layer
41:24 NFTs Could Be Your Wallet of Digital Rights (Movies, Songs, Books, etc)
52:13 XLS-20: Advantages of NFTs on Ripple (vs other Blockchains)
57:47 Promise of NFTs: Independent Enforcer of Agreed-Upon Rules
01:01:26 Metaverse: Finding Your Sense of Place
01:07:48 Today's Youth will Define the Metaverse
01:09:39 Colombia Land Deeds on Ripple Blockchain
01:12:21 SEC & Coinbase. Bad Government is When You Don't Know What the Rules Are
01:18:19 Ripple's Future

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