Remember when @ethereumJoseph tried to argue @Ripple and #XRP weren’t competitors to #Ether? That was a definite signal that #XRP was, in fact, viewed as a threat. In 2018, when Lubin made that assertion, #XRP was battling #Ether for the #2 spot behind #Bitcoin
Now read this👇
Now read this👇
https://twitter.com/andrewdarmacap/status/1437838002345099267
I don’t represent @Ripple. I do represent, however, 58K #XRPHolders and calling #XRP a “useless token” is both idiotic and untrue. Having that much animus against #XRP AFTER #Ether was given a regulatory free pass nonetheless proves #XRP was and still is perceived as a threat.
@CGasparino’s tweet below👇 is part of the #Ether free pass timeline. It was Andrew Keys who slipped up and told Gasparino that the Brooklyn Project’s efforts were approved by the SEC. One would assume a free pass would generate more grace and confidence in those who benefited.
https://twitter.com/CGasparino/status/994660857362763776
Was #XRP useless when the @wef listed it as one of two most relevant crypto-assets related to inter- and intrabank payments and settlements regarding wholesale CBDCs?👇
The WEF page👇 lists #JPMCoin as a competitor to #XRP. Of course JPM Coin is directly tied to Lubin and Keys.
The WEF page👇 lists #JPMCoin as a competitor to #XRP. Of course JPM Coin is directly tied to Lubin and Keys.
One would also believe that Andrew Keys or Joe Lubin would hesitate before attempting to argue that #Ether was never an ICO and that it’s simply “digital fuel like ⛽️ needed to run a 🚙 “ See👇
The problem for them is that we know who came up with this gasoline / fuel theory.👇
The problem for them is that we know who came up with this gasoline / fuel theory.👇
Steven Nerayoff is sometimes described as the #Ether Architect and sometimes as co-creator of #Ether. Regardless of title, he was the legal advisor👇who came up with the theory that #Ether is simply a product - like gasoline for a car - a theory adopted by Keys and Lubin.
https://twitter.com/digitalassetbuy/status/1454067398999478273
The hypocritical irony is that @bgarlinghouse and @chrislarsensf have been charged with aiding and abetting Ripple in selling unregistered securities. The SEC must prove that they either believed #XRP was a security or they were reckless in not realizing #XRP is a security.
It’s very doubtful, based on the evidence, that the SEC will be able to prove actual knowledge or recklessness against the two Ripple executives.
As a former federal prosecutor, I can tell you, a monkey 🐒 could prove knowledge or recklessness against the #Ether founders.
As a former federal prosecutor, I can tell you, a monkey 🐒 could prove knowledge or recklessness against the #Ether founders.
A 🐵 could do it b/c #XRPHolders, led by sleuths like @digitalassetbuy @BakkupBradley and others, have already proven knowledge and intent using their own words. They knew #Ether’s ICO was an unregistered securities offering.
i.e., They were afraid the FBI would arrest them.👇
i.e., They were afraid the FBI would arrest them.👇
https://twitter.com/_XRpizza/status/1454476451550568448
Co-founder Chetrit left the #Ether project because he was worried about the “very real possibility they would all end up in jail for securities violations.”👇
In the video👇 Steven Neyaroff admits lawyers initially informed them that #Ether’s crowd sale was an unregistered securities offering. Neyaroff, himself, acknowledges that the #Ether ICO violated securities laws.👇
Hence, my point, a 🐒 could prove up the case against #Ether.
Hence, my point, a 🐒 could prove up the case against #Ether.
https://twitter.com/digitalassetbuy/status/1453792104644239371
In the video above👆 Neyaroff tells the truth about the #Ether ICO because #Ether was given the regulatory free pass - so no worries.
But let’s look at how they attempted to describe the ICO BEFORE being handed the Hinman free pass.
But let’s look at how they attempted to describe the ICO BEFORE being handed the Hinman free pass.
https://twitter.com/_xrpizza/status/1453072697257340930
The above👆video attempts to make clear that the co-founders didn’t sell to investors and that #Ether was a software product for developers to build their own products.
After playing the video 👆, my trained 🐒 would hit play on the next video below.👇
After playing the video 👆, my trained 🐒 would hit play on the next video below.👇
https://twitter.com/leerzeit/status/1454468998704373760
From the very beginning the #Ether founders were aware of U.S. securities laws and that if they sold to U.S. investors it would be a serious problem. It’s why they incorporated in Switzerland - to try and avoid complying with U.S. regulations. 👇
https://twitter.com/digitalassetbuy/status/1453123551112974342
And its not just Lubin or Neyaroff or Keys that played the word games. They all were given instructions to AVOID using particular words like: #invest: #investor or #investment. Watch Gavin Wood, in May 2014, slip and use the word “invest”. 👇
https://twitter.com/_xrpizza/status/1453482277250404352
There are many more video clips I could use to make my point (too long for Twitter), like the clip of @VitalikButerin saying he wanted the #Ether crowd-sale to be open for “anyone” to buy.
Certainly the clip below👇 doesn’t cast Lubin and others in a favorable light.
Certainly the clip below👇 doesn’t cast Lubin and others in a favorable light.
https://twitter.com/ISO_XRP/status/1451701159337414659
Although its without question or debate that #Ether started out a security, I don’t believe its a security today (many disagree). But #Ether fits the definition of a security a hell of a lot more than #XRP does.
But let’s return to Andrew Keys’ claim #XRP is a useless Token.
But let’s return to Andrew Keys’ claim #XRP is a useless Token.
Why is it still in the Top 7 (especially considering the SEC case)? Why are many developers independent of Ripple utilizing it?
Are you aware that #Bitcoin’s scalability problem has been solved utilizing the #XRPLedger as a Layer 2 solution via @Spend_The_Bits?
Explain this:👇
Are you aware that #Bitcoin’s scalability problem has been solved utilizing the #XRPLedger as a Layer 2 solution via @Spend_The_Bits?
Explain this:👇
https://twitter.com/MonicaLongSF/status/1454244816468856839
If Andrew Keys is correct and #XRP is a useless token, why does Japan’s SBI believe in it so much? Why does @TimDraper own it? Why does @RaoulGMI own it? Why does @wolfofwallst own it? The #XRPL is an amazing technology. It contains the world’s first DEX. It simply works.
@AndrewDARMACAP says the XRPL is centralized.👇Ripple controls <5% of the validators. Ripple’s amendment to the #XRPL was vetoed. A super majority could force Ripple to burn its tokens. Yet, Vitalik stopped the trading of #Ether (for a valid reason). As for 2.0 centralization:👇
https://twitter.com/Leerzeit/status/1453305213289390096
As for the “#Ether is a product analogous to⛽️ needed to run your 🚙” argument: some should let that argument go. After all, the Grand Architect of that schematic word play may no longer be a credible source. Plus, you should never give credit to someone looking to cut a deal. 👇
https://twitter.com/JohnEDeaton1/status/1454296297255718914
If you don’t like Ripple - who cares! Why hate on a token owned by millions of individual investors? Why not just accept the free pass; be appreciative; have a little grace; and 🤫?
On second thought: keep talking. Otherwise, we might not have been able to piece it together.👇
On second thought: keep talking. Otherwise, we might not have been able to piece it together.👇
https://twitter.com/JohnEDeaton1/status/1447400529534066692
• • •
Missing some Tweet in this thread? You can try to
force a refresh
