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About ThomasV

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  1. WOW WOW WOW. Visa clearly saw the threat of XRP. now they ARE in the game. really big news.
  2. cased he referenced in the vid: https://en.wikipedia.org/wiki/SEC_v._W._J._Howey_Co.
  3. THIS IS HUGE!!!!!!!!!!!!! Listen to the way he explains this and how it is sold is important. I like the House example.
  4. I'd back my horse behind the IRS over the SEC any day of the week. The SEC is looking to be cut out of regulation and it scares them. The IRS just wants paid.
  5. cool. hope it works and avoids regulation problems and doesn't hurt ripple
  6. more along the lines of what I was thinking. I thought this case will be interesting as he was young at 54 and most of the legal world doesn't understand crypto. In addition there should be a "step up" in basis of the assets but a pretty hefty Federal and state tax due (In 2018 the federal Estate Tax Exemption is 11.2 million for an individual or 22.4 million for a married couple so did the divorce settle is valuable) Estates whose value exceeds the exemption amount are taxed at the federal estate tax rate of 40% in 2018. Bill is due 9 months from death. Holding these assets in trust would have been better but not sure if even done. just things to keep in mind as this market evolves in the legal and financial worlds.
  7. NOT meant that way at all. More curious how estates are settled in relation to crypto assets passing through the estate
  8. Maybe some good comes of this when they try to settle this estate. As someone that knows a thing or two about estate transfers and the financial implications this one will be fascinating. I wonder if the divorce he was going through was finalized and WHERE are those private keys...... https://pagesix.com/2018/04/16/banking-heir-matthew-mellon-dies-in-rehab-facility/?utm_source=maropost&utm_medium=email&utm_campaign=nypdaily&utm_content=20180417&mpweb=755-6599133-711672763 Warning to others. Be very careful with wealth. Your health is far more valuable.
  9. It was 10-cent of Friday as I recall but good to have you back.
  10. Don't know much about Pundi but found this: Pundi or Pundi Gatti, usually a round shaped soft rice dumpling belonging to Mangalorean cuisine, native to Tulu Nadu region of India, prepared by soaking, grinding, tempering, cooking and finally steaming the rice.
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