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About Trader-to-the-Crown
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I dont think OP is FUDing. I am the furthest thing from a fudder and the SEC chairmans comments rubbed me the wrong way. It seems 99% of people viewed what he said as a good thing, but I am not so sure. In no uncertain terms he basically said cryptocurrencies are not securities and digital assets are. I kept asking myself why he said digital assets... Anyway, calling it a digital asset doesnt make it a security, but I did find it peculiar phrasing on the chairmans part since Ripple is the biggest party referring to their related crypto as a digital asset.. I am not really worried, BUT, it
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The SEC chairman just stated that Bitcoin as a matter of fact is not a security and will not be classified as such. I dont see Coinbase getting rid of Bitcoin, so this means they will be selling both securities and non-securities. They added ERC20 support so they will be selling all sorts of ICOs. The SEC chairman said ICOs will be listed as securities. Basically whether XRP gets deemed a security or not there is no reason for it not to show up on Coin base. That being said, XRP being deemed a security would be a disaster. In my crazy fantasy, Coinbase is thinking this: ( w
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My main gripe with the Ledger Nano S is that I do not know my own secret key. I want to protect it from my computer and the internet. I do not want to protect it from myself. If there is a software glitch and my Ledger app no longer matches my 24 word mnemonic to my correct secret key, I will forever lose access to my wallet. Something like this HAS happened, to multiple people on Reddit as far as I can tell, though there is some argument as to whether it was user error. Regardless, it freaks me out. I really want to use my Ledger Nano S, but I want to have my secret key written down some
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Davids point was that they had to solve liquidity by prioritizing remittance FIs as their first xRapid customers, because banks wouldnt be hopping on board until the unit price goes up and XRP gets liquid. I think Brads recent statements reflect that Ripple knows something we don't, and that is that liquidity will be solved this year, thus banks will jump on board.. This tells me Ripple is expecting a steep price hike in the next few months if they are expecting multiple banks to hop in before EOY. Exciting AF! I dont believe we will be waiting until EOY for our new ATH.
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So wait a sec. If I send half of my XRP that is in my Toast Wallet to an exchange and the exchange gets hacked, instead of just having access to half my funds they have my Toast key so they have access to all of it? I thought a new wallet is generated by the exchange with a new private key.