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Still1

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  1. It looks like the states are creating their own regulations similar to NY. California and some others evidently are following NY's lead. From what I hear this will be very restrictive.
  2. I have been following 5 different YouTube crypto channels for over a year. I don't want to mention any names because I believe that the intentions are probably good but some of the more popular channels are getting a little carried away with their own personal bias and exaggerating the news in my opinion. I'm wondering if anyone else has been noticing this? I understand there is excitement in the space but I don't think this is necessary 😳😳
  3. I watched the interview on Alex Cobb"s channel. Thanks to Alex for streaming it! My take was, yes David is excited about Ripple and XRP but he also conveyed that they are in the very early stages for XRP adoption and uses and he made it seem that they have a long way to go and there is a lot of uncertainty with crypto in general. It was a bit of a let down for me because I thought that they, Ripple, were a bit further along at this point. It might be time to lay off all of the different You Tube XRP channels for a while because they offer a lot of speculation along with the news. Still holding strong here!
  4. The gaming industry is a multi billion dollar industry. More use cases and more adoption, bravo Ripple! Video game revenue tops $43 billion in 2018, an 18% jump from 2017. https://techcrunch.com/2019/01/22/video-game-revenue-tops-43-billion-in-2018-an-18-jump-from-2017/
  5. More use cases, more adoption and more decentralization are all positives for a favorable SEC ruling for XRP. Not to mention that the gaming industry is a multi billion dollar industry! https://techcrunch.com/2019/01/22/video-game-revenue-tops-43-billion-in-2018-an-18-jump-from-2017/ Video game revenue tops $43 billion in 2018, an 18% jump from 2017.
  6. https://www.scribd.com/document/401696839/Clayton-Etheruem-Crypto-Response#from_embed While Clayton did not reference Ethereum or any other cryptocurrency by name, he confirmed that he agrees with Hinman’s analysis of what crypto assets fall under the securities classification. In a key section he writes: “Your letter also asks whether I agree with certain statements concerning digital tokens in Director Hinman’s June 2018 speech. I agree that the analysis of whether a digital asset is offered or sold as a security is not static and does not strictly inhere to the instrument. A digital asset may be offered and sold initially as a security because it meets the definition of an investment contract, but that designation may change over time if the digital asset later is offered and sold in such a way that it will no longer meet that definition. I agree with Director Hinman’s explanation of how a digital asset transaction may no longer represent an investment contract if, for example, purchasers would no longer reasonably expect a person or group to carry out the essential managerial or entrepreneurial efforts. Under those circumstances, the digital asset may not represent an investment contract under the Howey framework.”
  7. It seems that there has been an influx of new members here on XRP Chat lately. I think that's great and imo a good sign that more adoption is taking place as well as an expanding footprint for Ripple and XRP
  8. Nice to see an well written article. It seems like this person actually has done some research on XRP as well as understands the technology pretty well. I was shocked that it came from Forbes 🤠
  9. https://www.coindesk.com/xrp-is-now-live-and-trading-on-coinbases-consumer-app?amp 🤠🤠👍👍 Coinbase is adding XRP to its retail platforms, allowing all customers in select jurisdictions access to the world’s third-largest cryptocurrency by market cap. On Thursday, the company, which already offers retail consumers access to bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, USDC, zcash, Brave’s Basic Attention Token, the 0x protocol token and withdrawals of bitcoin cash SV, announced it would be adding XRP to coinbase.com, as well as its Android and iOS apps. “Coinbase customers can now buy, sell, convert, send, receive, or store XRP. Please note that inbound transfers and many sends require the specification of an XRP destination tag,” the blog post noted.
  10. I believe that cryptos that are not linked to a countries issued currencies can act as a buffer asset in times of economic crisis and high inflation. Not as much in the US as in other countries.
  11. After the financial crisis of 2008 and the subsequent bail outs and the printing of money (US dollars) anything that is linked to the US dollar is subject to high inflation. I can't see how JP Morgan's coin can solve the issue of devalued currency risk or inflation risk. The other issue for JPM coin in my opinion is that many countries around the world have been trying to lessen their dependence on the US dollar. I can't see how forign banks would be quick to adopt a US dollar stable coin that is controlled by a US bank.
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