Thread by @JohnEDeaton1

One reason of many why the Hinman Deposition is a BIG DEAL:

Excerpt of Hinman Speech:

“And putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure,

current offers and sales of Ether are not securities transactions.”

Hinman met with a founder of #Ethereum 1 week before the speech and again afterwards.

1) Putting aside the fundraising is a BIG ASIDE;

2) What did the founder say that helped form his “understanding”;

3) @Ripple’s lawyers will have him walk through his “understanding” of decentralization;

4) have him admit he communicated his understanding to market participants which created the standard within the market;

5) show that #XRP’s decentralization meets that understanding; and

6) use Hinman’s deposition testimony in support of @Ripple’s Motion For Summary Judgement.

I haven’t even discussed how the #Bitcoin, #ETH & #XRP discovery will help; or how @HesterPeirce’s interviews and statements will help.

And if #XRPHolders get to participate?

#xrpwins