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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25066040 No.25066040 [Reply] [Original]

> By alleging that Ripple’s distributions of XRP are investment contracts while maintaining that bitcoin and ether are not securities, the Commission is picking virtual currency winners and losers, destroying U.S.-based, consumer-friendly innovation in the process....XRP consistently ranks among the top three virtual currencies by market capitalization—alongside bitcoin and ether, the two Chinese-controlled virtual currencies that the SEC has stated are not securities. Policy reasons counsel against finding XRP to be an investment contract....Innovation in the cryptocurrency industry will be fully ceded to China. The Bitcoin and Ethereum blockchains are highly susceptible to Chinese control because both are subject to simple majority rule.

https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf

>> No.25066200
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25066200

>> No.25066440

>>25066200
Fuck that Ruskie. I'll invest in American made XRP.

>> No.25066465
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25066465

>> No.25066488
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25066488

>>25066040
Did you know that being sued by the SEC is bullish? Btw I just betted on a Trump win, you will see in January!

>> No.25066494

>>25066200
>imagine putting pedos on a pedestal like that
I thought better of /biz/
I am unironically going back to Rebbit.

>> No.25067520

>>25066494
Alright
Don't come back

>> No.25067548

Ripple is a kike currency, and that's even worse.