Schwartz Revisits Gensler’s AI Warning Amid Bitcoin Listing Hesitation
Ripple CTO Emeritus David Schwartz has been revisiting a 2020 warning by US Securities and Exchange Commission (SEC) Chairman Gary Gensler regarding the risks of artificial intelligence in finance.
Schwartz linked exchange hesitation around listing Bitcoin's BLAKE2b to technical and security requirements, rather than simple market demand. The network switched Bitcoin's SHA-256d proof.
The private hub node operated by Schwartz logged 501 active peers on September 17, 2026, nearing its two-week peak of 509 connections.