XRP Army Rejoices (Ripple)
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In this video, I discuss the recent ruling in the SEC vs Ripple case. The judge found that dumping tokens on smart investors was illegal, while dumping tokens on dumb investors was perfectly legal. I expect this very convoluted and confused ruling to be overturned by an appeals court.
If you are cheering for Ripple, you're on the side of scammers who have destroyed the financial lives of thousands of people with their scammy token (in my opinion). You're also on the side of government collaborators who are actively working to enslave us with CBDCs (in my opinion).
If you're cheering for Ripple and XRP, you are actively helping to muddy the waters and delay the Bitcoin revolution.
Nothing has changed with Ripple's fundamentals:
It's still a highly centralized project,
With an initial unfair distribution,
With a centrally managed ledger,
Managed by slimy executives (in my opinion).
Ripple and its executives will continue to dump their XRP tokens on naive retail investors for now. And XRP will continue to lose value against BTC, which remains the apex predator of money.
Not investment advice! Consult a financial advisor.
Judge Rules Ripple Sales of XRP Were Not Securities—Except to Institutions:
https://decrypt.co/148460/judge-rules-ripple-xrp-securities-institutions
Ripple working on CBDCs:
https://www.kitco.com/news/2023-03-01/Ripple-is-working-with-more-than-20-countries-on-CBDC-plans-Brooks-Entwistle.html
https://ripple.com/solutions/central-bank-digital-currency/
Ripple execs funding attacks on Bitcoin:
https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code
https://twitter.com/CleanUpBitcoin
SEC vs Ripple ruling:
https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0_1.pdf
Ripple constantly marketing XRP:
https://www.youtube.com/watch?v=IfEyQXiORMw&ab_channel=BankXRP
https://www.youtube.com/watch?v=gydhPzjbZZk&ab_channel=LoveForCrypto
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#ripple
#xrp
#bitcoin
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