Discover and read the best of Twitter Threads about #grams
Most recents (7)
„Beliebtheit ersetzt keine Wirksamkeit.“ Natalie #Grams-Nobmann über #Homöopathie.
So verhält es sich übrigens mit #Maskenpflicht|en. Sie sind bei Politiker:innen von Beginn an beliebt, da sie nichts kosten & „Entschlossenheit“ signalisieren. Evidenz…1/3
tagesspiegel.de/politik/belieb…
So verhält es sich übrigens mit #Maskenpflicht|en. Sie sind bei Politiker:innen von Beginn an beliebt, da sie nichts kosten & „Entschlossenheit“ signalisieren. Evidenz…1/3
tagesspiegel.de/politik/belieb…
…gibt es nach 2,5 J nicht, der #Sachverständigenrat wies insbesondere darauf hin, dass #Masken (allenfalls) etwas bringen könnten, wenn sie von den Menschen (richtig) getragen werden wollen (!). Es wäre wünschenswert, das Glaube auch in diesem Fall wieder Privatsache würde. 2/3
Natalie #Grams verließ Twitter ebenfalls an dem Wochenende als @drlisamaria starb. Sie erzählt, wie sich Twitter in den letzten Jahren toxisch verändert hat, es aber trotzdem vermisst. Wir sprechen über die Spaltung der Gesellschaft, die es so...
...schwer machte, vermittelnde Positionen zu vertreten und das probieren wir gleiche aus, indem wir eigene Fehler aufzählen. (Das Spiel hatte ich auch mit #Ballweg versucht.) Natalie erklärt ihre Impfentscheidung und für wen BA1 der besser Impfstoff wäre. detektor.fm/serien/grams-s…
@NellyDerPudel will auch ins Video, glaubt aber schon alles gehört zu haben. Schockierend sind jedoch die Sicherheitsvorkehrungen, die Natalie für öffentliche Auftritte benötigt, dabei kriegt Natalie es viel besser hin als ich, den kühlen Kopf zu bewahren. 
THE SEC LAWYERS ARE MAKING ARGUMENTS 🆚 #XRP THAT VIOLATES BOTH THE LAW AND ITS OWN GUIDANCE - a 🧵 of proof 👇👇
THE LAW:
Howey made clear that what makes an instrument or asset an investment contract is the “scheme” behind the “offering and sale” of the asset. In Howey, the W.J. Howey Company sold tracts of land - orange 🍊 groves but the buyer also signed a service contract.
Howey made clear that what makes an instrument or asset an investment contract is the “scheme” behind the “offering and sale” of the asset. In Howey, the W.J. Howey Company sold tracts of land - orange 🍊 groves but the buyer also signed a service contract.
The Howey Co. would till the land, plant 🪴 the trees 🌲, water 🚿 the land, and harvest and sale the 🍊. Howey Co. would send a check to the buyers and it was a form of passive income - an emphasis was made on passive (the investors did nothing, never took possession of the 🍊
A @SECGov 🆚 @Ripple 🧵
For the first time ever in a non-ICO case, the @SECGov is asserting that the digital asset itself - #XRP - is a security.
That absurd argument not only violates common sense but it’s in direct contradiction of over 70 years of case law and precedent.
For the first time ever in a non-ICO case, the @SECGov is asserting that the digital asset itself - #XRP - is a security.
That absurd argument not only violates common sense but it’s in direct contradiction of over 70 years of case law and precedent.
In the #Howey case in 1946, there were two contracts in play between the investors and the W.J. Howey Co:
(1) a purchase and sale contract for the Orange 🍊 Groves;
(2) the investors signed a service contract hiring Howey to handle everything (from planting thru selling).
(1) a purchase and sale contract for the Orange 🍊 Groves;
(2) the investors signed a service contract hiring Howey to handle everything (from planting thru selling).
The Supreme Court found that the entire “scheme” taken together constituted a securities offering.
The Supreme Court NEVER said or implied that the oranges 🍊 were securities.
73 years later in 2019, the SDNY handed down the #Telegram case.
Telegram was a typical ICO case.
The Supreme Court NEVER said or implied that the oranges 🍊 were securities.
73 years later in 2019, the SDNY handed down the #Telegram case.
Telegram was a typical ICO case.
AND WHAT IS THE LAW:
“Cryptocurrencies (sometimes called tokens or digital assets) are a lawful means of storing or transferring value and may fluctuate in value as any commodity would. In the abstract, an investment of money in a cryptocurrency utilized by members of a
“Cryptocurrencies (sometimes called tokens or digital assets) are a lawful means of storing or transferring value and may fluctuate in value as any commodity would. In the abstract, an investment of money in a cryptocurrency utilized by members of a
decentralized community connected via blockchain technology, which itself is administered by this community of users rather than by a common enterprise, is not likely to be deemed a security under the familiar test laid out in S.E.C. v. W.J. Howey Co.”
-Judge Castel (Telegram-1)
-Judge Castel (Telegram-1)
Judge Castel also made clear:
“the security in this case is not simply the Gram, which is little more than alphanumeric cryptographic sequence. Howey refers to an investment contract, i.e. a security, as ‘a contract, transaction or scheme’,”
- J. Castel (quoting Howey)
“the security in this case is not simply the Gram, which is little more than alphanumeric cryptographic sequence. Howey refers to an investment contract, i.e. a security, as ‘a contract, transaction or scheme’,”
- J. Castel (quoting Howey)
#XRP AND #EXCHANGES
I hope to be proven wrong but as I’ve said before I do not believe that @coinbase @krakenfx @binance etc. are going to re-list or un-suspend #XRP until the @SEC_Enforcement comes out and issues a no-action declaration or we get clarity from the SDNY Court.
I hope to be proven wrong but as I’ve said before I do not believe that @coinbase @krakenfx @binance etc. are going to re-list or un-suspend #XRP until the @SEC_Enforcement comes out and issues a no-action declaration or we get clarity from the SDNY Court.
Let me explain how the SEC Attorney misled the Court when answering Judge Netburn’s question regarding whether anyone selling #XRP would be violating Section 5 of the Securities Act.
This will also help me prepare for our brief (due in 8 days). 😥😫
Attorney Tenreiro said that
This will also help me prepare for our brief (due in 8 days). 😥😫
Attorney Tenreiro said that
Section 4 exemptions would apply and therefore retail holders would not be in violation. Not true. If the purpose and intent is to have #XRP distributed by purchasers into a secondary market no exemption applies under Section 4, as Tenreiro suggested to Magistrate Netburn.
#XRPHolders 🆚 @SEC_News Thread:
@HesterPeirce was interviewed by @ThinkingCrypto1 and said that she was trying to get people at the @SEC_News to stop thinking about the token as a security but instead on how the token was being packaged and sold.
@HesterPeirce was interviewed by @ThinkingCrypto1 and said that she was trying to get people at the @SEC_News to stop thinking about the token as a security but instead on how the token was being packaged and sold.
I tweeted out, in disbelief, saying “that’s only been the law for 75 years.”
The Supreme Court in #Howey didn’t conclude that the oranges 🍊 were Securities, but it was the “scheme” and the totality of circumstances surrounding the transactions between the parties that was held
The Supreme Court in #Howey didn’t conclude that the oranges 🍊 were Securities, but it was the “scheme” and the totality of circumstances surrounding the transactions between the parties that was held
