Fiction Or Truth? Ripple Was Founded By Long Line Of Bankers, Claims Pundit

9 months ago 47

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Edo Farina is a prominent figure in the XRP community, known for serving as the Head of Social Adoption at XRPHealthcare and is the CEO of Alpha Lions Academy, has put forward a wild theory about the origins of Ripple and XRP. Farina’s extensive research into the origins of Ripple and XRP has unearthed a theory suggesting a lineage tied to a centuries-old banking dynasty.

Through a detailed exposition on X (formerly Twitter), Farina posits that XRP’s creation is the culmination of a meticulously crafted legacy, aiming to position it as the global currency of the future. “I’ve been digging this rabbit hole for over 7 years,” Farina disclosed, adding, “And the deeper I went, every piece of evidence has always suggested XRP is THE one. The chosen World’s currency. The Phoenix.”

The Uncovered History Of Ripple?

According to the official story, Ripple was founded by Ryan Fugger in 2004, with the project later evolving into OpenCoin in 2012 through the efforts of Chris Larsen and Jed McCaleb, before finally being rebranded as Ripple Labs Inc. in 2013, and simply Ripple two years later. Farina challenges this timeline, pointing to a 1991 registration of Ripple Communications, a name closely associated with Ryan Fugger and tied to the Intelligence and National Security Alliance (INSA).

“Suzanne Wilson-Houck, a former vice president of marketing for Ripple and had been named CEO of the INSA in 2010. Curiously, from Sept 2010 to Oct 2012 she was in Ripple Communications. She left Ripple Communications in Oct 2012 just when Jed purchased http://Ripple.com domain and Ripple Communications trademark. Ripple Communications disappears,” Farina elucidates, suggesting deeper connections and a more intricate backstory than previously known.

The Fugger Family Connection

The most provocative of Farina’s claims is the alleged lineage of Ryan Fugger to the Fugger family, a banking dynasty that dominated European economics in the 16th century and was instrumental in the rise of the House of Habsburg. Farina asserts, “Ryan Fugger descends from the ‘Fugger Family’, a German family that controlled much of the European economy in the sixteenth century and accumulated enormous wealth.”

He draws parallels between the Fugger family’s historical significance, their financial innovations, and the conceptual underpinnings of XRP. “The Fugger family also minted their own circulating currency (ducats) and owned approximately 1,425 kg of Gold. The coins minted by The Fugger Family contained a phoenix according to the National Numismatic Collection,” he notes, further linking the past with Ripple’s present.

Today the Fugger families still own bank branches located throughout Europe, according to Farina. “They also control Multinational Banks (MNBs) including the Hong Kong and Shanghai Banking Corporation (HSBC),” he added.

🧵 The Economist Cover Unveiled: Long line of Bankers that founded @Ripple

In my previous thread we learned that @Ripple's history began way before #Bitcoin , in fact Ryan Fugger founded Ripple Pay in 2004, which owns the trademark ''Ripple Communications'' traced to 1991, with… pic.twitter.com/piuD4gvIag

— EDO FARINA 🅧 XRP (@edward_farina) February 26, 2024

The Economist Cover And The Phoenix Symbolism

Farina also delves into the symbolism of the phoenix on the famous 1988 cover of The Economist magazine, which is interpreted as a prescient allusion to a world currency. He ties this imagery back to the Fugger family, emphasizing the presence of a phoenix on their minted ducats and the fleur-de-lis on their coat of arms — symbols mirrored in the magazine’s artwork.

“The coat of arms of the Fugger’s family is the ‘fleur de lis’, which happens to be the crown on top of the Phoenix in the Economist magazine Cover from 1988. It does not get more clear than that: Ryan Fugger shares his ancient banking family influence with the blockchain,” Farina states, suggesting a deliberate and historic underpinning to the development of XRP.

Conclusion

Edo Farina’s theory presents a dramatic reimagining of Ripple’s origins, suggesting that its development is not a product of the modern digital age but the latest evolution of a banking legacy that has shaped financial systems for centuries.

“The concept of XRP is not something happening by ‘coincidence’’ but rather an intricately orchestrated revolution spanning generations, meticulously crafted by a lineage of bankers, poised to reshape the financial landscape for centuries to come,” he asserts.

Whether this is fiction or the truth is left to each individual to decide. In any case, the XRP community has a new theory that raises interesting questions.

At press time, XRP traded at $0.5371.