/biz/ - Business & Finance

>>25095597
kys

>>25095597
MUTT BOOBA

>>25095597
Go call your mom, she misses you.

>>25095597
Not reading all of that and never buying XRP

>>25095597
higher IQ take is realizing none of this will ever apply to any other crypto because Jeb / the globe isn't pushing for it.

>>25095597

>>25095597
how is she is so smart and beautiful bros

>>25095892
who is she?

There are naked photos of her booba on the internet, btw. Dont have but saw before. Hope this helps.

alright low IQ, have you ever thought about how miners get their eth, btc or whatever crypto that uses POW. so stop talking shit about uni and other decentralized alts

>>25095597
>High IQ thread
>starts off with a fallacy

DROOPA

And that would be a good thing.

>>25095597
why is uniswap fucked? If anything they will probably do quite well in comparision to the majority of the other shitcoins.

Based post

>>25096099
damn, dis bitch got some national geographic titties!

*smacks lips*

Chainlink is none of those. so not wooried

>>25096099
>>25096216
KEKARINO

>>25096216
kek

the inventors of pow coins like btc have the best mining opportunity, and they undoubtedly sold a large quantity. it's not any different than ripple selling xrp, even if there is some legal/technical distinction. ripple gets sued all the time. i'm not really worried but i can understand the panic selling.

>>25096216

i bet there's some shitty reality show running on natgeo as we speak. the days of educational television are over.

>>25095597
I don't know where you came up with this random list but it's not what the SEC uses. They use the Howey Test. Does your token involve:

1. An investment of money
2. In a common enterprise
3. With the expectation of profits
4. Based solely on the efforts of a third party

Bitcoin and Ethereum fail the test and are not securities because they are decentralized, so prong 4 is not met.

XRP obviously passes the test and is a security:

1. Investment of money
2. In Ripple corporation
3. Nobody actually uses XRP for its utility. It's 99% bought for speculation (the expectation of profits) which the SEC explains in the lawsuit
4. If Ripple disappeared tomorrow XRP would die. In fact they spend huge amounts of money creating the fake appearance that people actually use it (also explained in the SEC lawsuit).

Now do shitcoins like LINK pass the test? It's more ambiguous.

1. Investment of money
2. In SmartContract Chainlink Ltd (or whatever shell they are actually using to dump on bizraelis every week)
3. This is the ambiguous part. Although obviously people on biz only buy LINK to "make it" you could argue that people also buy it for its utility in the tokenized oracle network.
4. This is also ambiguous. It's possible that LINK is sufficiently decentralized at this point where if Sergy ODed on big macs tomorrow it would not affect the project overly much.

>>25096339
The SEC's stance is that btc et al were in fact securities at one point but no longer are so they get a pass. XRP on the other hand never made that transition.

>>25095597
she has nice hips

>every exchange will move to Switzerland
>another IRS assfucking
Its not easy being on top.

>>25096593

i do not understand the distinction. sounds like nonsense legalese that lawyers and politicians make up.

>>25096550
>If Ripple disappeared tomorrow XRP would die.

i'm not so sure. as long as there are enough reliable validators it's a cheaper, better, and faster alternative to btc and most other crypto, including eth afaik, after flare goes live.

i do hope ripple gets rid of their xrp in escrow though.

>>25096732
It's based on almost 100 years of legal precedent and ultimately on the concept of English common law.

It also makes sense practically. There's no central organization or person in charge of Bitcoin or Ethereum scamming people the gov could go after but with XRP there is Ripple.

nice try zeus

>>25096888
If this were true (or if it becomes true) the SEC's case would be much weaker but they have evidence that Ripple is doing some dirty stuff where they bribe people to pretend they are using the network.

>>25097017
>There's no central organization or person in charge of Bitcoin or Ethereum scamming people the gov could go after but with XRP there is Ripple.

ripple is based on a public distributed ledger like anything else. again, how is it different from satoshi having first dibs at mining bitcoin? he would have mined a block every ten minutes, when the block reward was highest, with no competition. that's one bitcoin every minute.

there's really no difference. and they're not doing any favors to people who bought xrp by suing ripple.

I sincerely hope this happens. The people were misguided by these shitcoins. Now we can all just focus on a real sov like btc

>>25096550
From reading the ripple lawsuit, on the other hand I agree with you however the government makes its own rules or better said it interprets it's own rules often ambiguously.

>>25095597
t. midwit

I want to suckle those torpedo booba so bad bros...

>>25096122
>>25098023
this

It's funny how 2021 bullrun fud will be regulation fud, just like in 2017

>>25098797
>>25095597
Why Are her tits so goddamn low??????

>>25099571
black girls usually have super saggy tits for some weird reason

>>25099571
time * gravity

>>25096099
>https://www.youtube.com/watch?v=Asilllx2dbg
>do your tits hang low like really really low
>can you tie them in a bow and toss them like so