Ripple's former CTO, David Schwartz, described cryptocurrency as a 'once-in-a-generation' opportunity to amass wealth, yet he has shifted most of his personal assets away from digital currencies for peace of mind. According to BeInCrypto, Schwartz, known as JoelKatz on X, defended his decision to sell Ethereum at $1.05, long before its surge to $2,368, citing a preference for stable investments. Despite reducing his XRP holdings, Schwartz still retains over one million XRP, underscoring his continued, albeit cautious, exposure to the crypto market.