Discover and read the best of Twitter Threads about #ripplelawsuit
Most recents (3)
1/n
💡 Many warriors hastily linked #cardano & actions raised by SEC towards #ripple company.
Last week I took a liberty to clear up a bit of fud-mud. Here's an add-on. 💯
👉 This time, let's focus on #utility & #funding.
Thread #2 👇👇👇 #notafinancialadvice 👀
💡 Many warriors hastily linked #cardano & actions raised by SEC towards #ripple company.
Last week I took a liberty to clear up a bit of fud-mud. Here's an add-on. 💯
👉 This time, let's focus on #utility & #funding.
Thread #2 👇👇👇 #notafinancialadvice 👀
2/n
People often confuse #ripple with $xrp as both are not the same. Why? Confusing marketing at best.
$xrp is a token behind #ripple tech. That's where the first problem lies.
There are 3⃣ techs hidden behind the public veil:
👉 xCurrent (xC)
👉 xRapid (xR)
👉 xVia (xV).
People often confuse #ripple with $xrp as both are not the same. Why? Confusing marketing at best.
$xrp is a token behind #ripple tech. That's where the first problem lies.
There are 3⃣ techs hidden behind the public veil:
👉 xCurrent (xC)
👉 xRapid (xR)
👉 xVia (xV).
3/n
1⃣xC 👉 send & receive cross-border payments. Similar to SWIFT but with end-to-end tracking & bidirectional messaging.
2⃣xR 👉 low-cost liquidity solution for emerging markets.
3⃣xV 👉 send int'l payments via a bank/payment provider that's connected to RippleNet.
1⃣xC 👉 send & receive cross-border payments. Similar to SWIFT but with end-to-end tracking & bidirectional messaging.
2⃣xR 👉 low-cost liquidity solution for emerging markets.
3⃣xV 👉 send int'l payments via a bank/payment provider that's connected to RippleNet.
1/7: I understand that #Ripple's selling concerns many people. But the question is... how do you responsibly distribute Ripple's 50B $XRP? Ripple holding so much #XRP is one of the biggest complaints about XRP and why so many people don't like it and may also prevent ODL adoption
2/7: Escrow was introduced to help this, but that $XRP is still in Ripple's custody. They really need to distribute it. But how? Ideally, it should already have already been done years ago, but you can't go back in time to do it. @JoelKatz has talked about this challenge before.
3/7: So we're against them holding it and we're also against them selling it. So how do they distribute it? They can't give it away, who gets it, how do they choose? Giveaways this late in the game also negatively affect prices. Higher supply = lower demand = lower prices.
1/n
📢💨
👉 Are you a #cardano $ada community member?
👉 Confused about recent #ripplelawsuit & SEC?
👉 Seeing a lot of fud around? 😱
Answered yes to above Qs? I got you. I'll tweet few 💎s.
💡 Spread the knowledge, not the fud.
Thread #1 👇👇👇 #notafinancialadvice 👀
📢💨
👉 Are you a #cardano $ada community member?
👉 Confused about recent #ripplelawsuit & SEC?
👉 Seeing a lot of fud around? 😱
Answered yes to above Qs? I got you. I'll tweet few 💎s.
💡 Spread the knowledge, not the fud.
Thread #1 👇👇👇 #notafinancialadvice 👀
2/n
💡 Who or what is SEC?
👉 "The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust."
💡 Who or what is SEC?
👉 "The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust."
3/n
👉 The Securities And Exchange Commission (SEC) was created in 1934 to help restore investor confidence in the wake of the 1929 stock market crash.
👉 The Securities And Exchange Commission (SEC) was created in 1934 to help restore investor confidence in the wake of the 1929 stock market crash.
