Crypto commentator Apex Crypto has fired back at fellow pundit Lewis Jackson, calling into question a recent video that Jackson posted about XRP’s utility and market dynamics.
In a post on X, Apex Crypto criticized Jackson’s YouTube breakdown of “XRP flow, utility, and private/shared ledgers,” saying the video was “packed with profound misunderstandings” and contained “blatant inaccuracies” and “outright nonsense” about how the XRP Ledger and Ripple’s products actually work. Apex warned the content is “dangerous junk” that could mislead newcomers to the community.
What Jackson claimed
- Jackson argued banks do not need to hold large XRP balances to use Ripple’s cross-border payments solutions. Instead, he said institutions would effectively recycle XRP already in circulation when making transactions, meaning there would be no material upward pressure on price or any meaningful supply shock.
- From that premise, Jackson concluded that XRP’s utility does not necessarily translate into a much higher price and proposed what he termed a “Jackson Liquidity” framework.
Apex Crypto’s rebuttal
- Apex rejected Jackson’s framework as “fundamentally worthless,” saying the conclusions should be “shredded, discarded, and ignored.”
- He framed Jackson’s assertions not as a difference of opinion but as a “complete disconnect from technical reality and verifiable facts,” arguing that for Jackson’s theory to be even partially correct, Ripple’s CTO David Schwartz — the XRP Ledger’s creator — would have to be entirely wrong about how the Ledger, Interledger, XRP Ledger AMM, and Ripple’s CBDC work. Apex called that scenario “obviously impossible.”
- Apex said the most troubling aspect was Jackson presenting these claims as definitive analysis, potentially steering the community toward a flawed framework. Still, he added the post was not a personal attack and acknowledged respect for Jackson’s past contributions, while stressing concern over the recent inaccuracies.
Reassurance for holders
Apex sought to calm XRP holders, asserting there’s no need to wait for follow-up videos to regain confidence: his X post alone should be enough to dismiss Jackson’s assertions. He reiterated that XRP’s fundamentals and potential remain intact despite the debate.
Market snapshot
At the time of writing, XRP was trading around $1.91, up about 2% over the past 24 hours, per CoinMarketCap.
Why this matters
The exchange underscores a recurring theme in crypto discourse: technical debates about on-chain mechanics and liquidity models can have outsized influence on investor sentiment. With multiple high-profile commentators offering competing explanations, clear, technically sound analysis is crucial for community understanding — and for newcomers who may be swayed by simplistic narratives.
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