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Did Satoshi Back Ripple Before XRP Existed? The Clue Everyone Missed

Did Satoshi Back Ripple Before XRP Existed? The Clue Everyone Missed

Whispers of a 2009 email where Satoshi Nakamoto allegedly called Ripple “interesting” are ricocheting across Crypto Twitter—but here’s the twist: the remark appears to reference early RipplePay, not today’s XRP. Without cryptographic proof, this story is high on intrigue and low on verification—exactly the kind of narrative that can move prices and trap late buyers.

What Actually Happened

The buzz stems from archives shared by Martti “Sirius” Malmi that allegedly include Satoshi praising Ripple’s trust model. Experts note the context likely points to RipplePay (2004-era IOU network), not the XRP Ledger (launched 2012). There is no cryptographic signature from Satoshi and no independent confirmation from Ripple or Bitcoin Core contributors. The timing, amid broader legal discourse (e.g., COPA-Wright), heightens the need for skepticism.

Why This Matters to Traders

Narratives drive short-term order flow. Even unverified “Satoshi said” headlines can spike XRP and related pairs, followed by mean-reversion when facts lag. Mislabeling RipplePay ≠ XRP can fuel misplaced enthusiasm, creating opportunities for disciplined traders and risks for momentum chasers.

Market Context and Likely Scenarios

- If the story spreads without proof: expect headline-driven pops in XRP and elevated funding on perp markets, often fading as verification stalls. - If verifiable evidence emerges (unlikely but impactful): a stronger, more durable repricing could occur, particularly in XRP/BTC and XRP majors. - BTC dominance trends and macro risk moods will modulate the magnitude; alt rotations are more fragile when BTC is strong.

Actionable Game Plan

Key Risks

- Verification whiplash: A fake-then-real or real-then-fake sequence can trigger violent squeezes in both directions. - Liquidity traps: Retail FOMO on thin books leads to slippage and poor exits. - Narrative drift: Media conflating RipplePay with XRP can prolong volatility but disconnect price from fundamentals.

One Takeaway

RipplePay ≠ XRP. Until there’s cryptographic proof of the alleged Satoshi email, treat this as a headline trade with short shelf life. Build rules that prioritize validation over virality.

Bottom Line

This story is a textbook rumor-volatility catalyst. Respect the setup, manage risk surgically, and let confirmation—not speculation—determine your size and bias.

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