Dom Kwok, a seasoned veteran from Goldman Sachs, has recently vocalized a sharp critique against a specific type of XRP detractor. Kwok asserts that many critics of the fourth-ranked cryptocurrency exhibit "poor judgment" and a "very low IQ," dedicating their efforts to unproductive bad-mouthing rather than constructive engagement or profit-making.
A Sharp Rebuke for Unproductive Criticism
Kwok's outspoken stance came in response to persistent online mockery targeting XRP, particularly regarding a $40 million ETF outflow while conveniently ignoring the asset's concurrent net inflow of over $7.9 million. He argues that such critics often bet against XRP without understanding its growth or profit potential, focusing solely on negative aspects out of what he perceives as resentment rather than genuine, informed analysis. Kwok is careful to differentiate between professional analysts offering structured feedback and these "loud, unproductive" critics who, he believes, simply attack the asset without building or creating anything themselves.
Understanding the Underlying Frustration
According to Kwok, these constant detractors are not just misinformed but are likely "missing the upside" of XRP's performance. He speculates that their incessant negativity might even stem from personal financial frustrations. While the broader market context shows XRP modestly outperforming the general crypto market with a recent rebound, Kwok's core argument remains centered on the illogical and unproductive nature of critics who waste time on attacks instead of recognizing opportunities or building value.
