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About xerxesramesepolybius

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  1. https://www.justice.gov/usao-sdny/pr/john-david-mcafee-and-executive-adviser-his-cryptocurrency-team-indicted-manhattan With McAfee facing criminal (not civil) prosecution for shilling crypto, could other people in Ripple management or XRP community face similar charges? Eri, Tiff, the whole Ripple management board?
  2. No worse than free, they pay people to use it. Have you not been paying attention? We have transparency about the payments to Moneygram because they are listed, others ODL users have mentioned receiving payments. The liquidity providers also seem to get paid. Bitso was also the beneficiary of a multi-million dollar investment from Ripple as well. Ripple paid everyone it seemed, the poor XRP Hodlers are the only ones that paid. "Intent", "may" Well it never happened. Even if it did what reason is there for anyone to ever borrow XRP. The consistent problem is liquidity provid
  3. Credit card issuers and credit card networks do not charge merchants. They charge what is know as a interchange fee to the merchants bank. The merchants bank in turn charges the merchant. Therefore there is a strong incentive for the issuer to pay incentives to merchants to take their cards. Hope this is not too complicated for you but your analogy is completely irrelevant to Ripple and XRP. Ripple make no money at all anywhere is the transaction and subsidise everyone involved with the money made from selling XRP to us.
  4. Because they should have given him a bigger fine over his claim of taking Tesla private? He's right. They should have fined him $1Billion and then he would respect them
  5. Ripple paid Moneygram over $100m to use ODL because it is so efficient, fast and cheap. Hold on something not right there, Ripple PAID Moneygram, not the other way around and now they have dumped ODL because it is too hot to handle.
  6. None of Ripple's arguments were new or particularly persuasive.
  7. It's funny, "Digital Asset" used to be preferred term of Ripple, now they prefer cryptocurrency.
  8. What exactly do you think is wrong? Mary Jo White sounds like she was a terrible SEC chair (see below) and now she is being paid by Ripple to attack the SEC. What a surprise. On June 2, 2015, Senator Elizabeth Warren wrote a letter to White indicating that her "leadership of the Commission has been extremely disappointing" pointing out numerous shortcomings and failures during her tenure. Warren admonished that White failed to finalize certain Dodd–Frank rules, did not curb the use of waivers for companies that violated securities laws, allowed settlements without admission of guilt,
  9. I got it, Brad is actually the Joker.
  10. That's what the MP said in the parliamentary committee in May 2018 "Stewart Hosie: We will get back to some of that in a moment, but the point that was made earlier, Mr Zagone, is that if people buy XRP—a financial asset—from Ripple Labs, it does not entitle them to an ownership stake, there is no right to be converted back into conventional currencies and it does not pay any return. It also seemingly has no purpose. Is that simply to avoid XRP looking like a security or an equity, and to avoid the necessary regulation?" http://data.parliament.uk/writtenevidence/committeeevide
  11. https://unchainedpodcast.com/the-secs-lawsuit-against-ripple-and-2-execs-what-you-need-to-know/ Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC’s lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain: what was so “egregious” that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged why their sales showed an information asymmetry, and why that matters why the complaint comes close to being a fraud case, but why the SEC didn’t charge them w
  12. They are getting sued by everyone including SEC if you hadn't noticed
  13. https://www.linkedin.com/in/marcus-treacher-b8387b5/ Updated his Linkedin profile. Does anyone remember the absurd conversations when other senior management left claiming they hadn't left? Clearly SEC scared the hell out him
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