Entrepreneur and financial commentator Mike Alfred (@mikealfred) recently shared an intriguing view on XRP, calling it “an IQ test” and suggesting that many people are failing. His comment attracted a range of responses from the XRP community, highlighting ongoing disagreements about the asset’s value and long-term role. Alfred’s remarks are not critical of XRP but instead challenge those who dismiss its potential. He suggests that understanding XRP’s function and future value requires discernment, an ability he believes many are lacking. His comment also prompted a variety of reactions, ranging from firm defenses of XRP to criticism of its tokenomics. XRP is an IQ test and a lot of people are failing. — Mike Alfred (@mikealfred) July 27, 2025 Supporters Emphasize XRP’s Future Role In response to Alfred, a user argued that XRP is transforming the financial landscape. He suggested that XRP would be instrumental in what he called a coming shift in global finance. According to him, the world is on the verge of switching to a new system where XRP will have a key role. Based on this scenario, he expects the digital asset to reach $10,000 , a level many experts have agreed with. This view aligns with broader arguments often made by XRP holders. They believe XRP and the XRP Ledger (XRPL) are positioned to support cross-border transactions at a scale and speed that traditional systems cannot match. While some have criticized $10,000 price predictions , it does not take away from the asset’s potential. Those who believe in its true value see it as more than a speculative asset, as they expect it to become an essential part of the future financial infrastructure. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Criticism Targets XRP’s Origins and Management Not all responses were supportive. A user criticized XRP’s tokenomics, pointing out what he described as flaws in the way the asset was structured and managed. He argued that even if the underlying technology were to achieve global success, early decisions by the founders, such as the escrow mechanism , which he described as a drain plug to their offices, have created issues with trust and control. Although Ripple Chief Technology Officer (CTO) David Schwartz and other experts have repeatedly pushed back against centralization claims and the belief that Ripple controls XRP, many crypto investors still believe the company has full control over the asset. However, XRP investment faithfuls often meet such criticisms with counterarguments. Those who fail to see its potential may be failing the IQ test, as Alfred suggests. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Tech Entrepreneur: XRP Is an IQ Test and a Lot of People Are Failing appeared first on Times Tabloid .
