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About mathesmith

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  1. ... and here it is: https://www.congress.gov/bill/115th-congress/house-bill/7356 "H.R.7356 - To amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude digital tokens from the definition of a security, to direct the Securities and Exchange Commission to enact certain regulatory changes regarding digital units secured through public key cryptography, to adjust taxation of virtual currencies held in individual retirement accounts, to create a tax exemption for exchanges of one virtual currency for another, to create a de minimis exemption from taxation for gains realized from the sale or exchange of virtual currency for other than cash, and for other purposes." It is likely that it will need to be introduced again with the next sitting of Congress, but since both Warren and DeSoto won re-election that will probably happen. This is the first time in my life that I've actually felt the need to contact my representative!
  2. So, are you asking the basics of how a hash works? And/or how it is used in either XRPL or Bitcoin ledgers?
  3. So here's my question: The FI's are waiting on U.S. regulation for adoption. Generally, the regulatory agencies only act when federal legislation (which there is none) clearly outlines how they should regulate. So barring some bold move on the agencies' part, action could be a long time (like several years) in coming. But what if Trump was to take this on as a personal issue and put pressure on the agencies? Would this give the agencies enough impetus to actually do something concrete? Love or hate what Trump does, he does it boldly and generally without regard to opposing opinions. If he really believes, he just does it. So what would it take to convince Trump that he would be 'the father' of the 'Internet of Value', or 'Web 3.0', or some new wave of prosperity, or whatever; just so long as he goads the SEC and/or CFTC to issue enough guidance for the FI's to act?
  4. Nope. To me that means to not create unnecessary conflict. Nothing to do with trade deals - that's a whole other fuzzy, objective topic that requires the work of statisticians (who are worse than damn liars, right?) to get to the bottom of it. Personally though, I don't see our current trade situation with Canada as 'egregiously unfair': "U.S. goods and services trade with Canada totaled an estimated $673.1 billion in 2017. Exports were $340.7 billion; imports were $332.3 billion. The U.S. goods and services trade surplus with Canada was $8.4 billion in 2017." https://ustr.gov/countries-regions/americas/canada At any rate, apologies to everyone for straying off-topic into what is for the moment the tribalistic quagmire of American politics. This thread has been officially hijacked and I was a part of that. I'll take the advice of @Raz, @Deeznutz, and @WillGetThere and just stick to XRP from now on.
  5. No, not a cop out. The last president that I know of that couldn't get along with Canada was James Madison.
  6. Dang, that's harsh. Not what you said, but after watching it, that's spot on. Poor guy.
  7. Bittrex recently added USD-XRP pairing, and has partnered with Ripple.
  8. https://ripple.com/ripplenet/ 78 partners listed... make that 42. Is this complete? Are any of them new?
  9. https://www.forbes.com/sites/jasonbloomberg/2018/09/09/enterprise-blockchain-struggles-to-carve-out-a-niche/#116ff9d1600a Interesting take on the state of blockchain. For once a Forbes contributor that isn't a Bitcoin maximalist, and is actually forecasting its doom for the very reason (decentralization) people like Laura Shin are saying it will succeed over XRP. He's pretty hard on XRP though. Although not directly mentioning it, he talks about the speculative nature of most tokens (XRP included) will prevent them from ever having any value - early investors selling and depressing the price of most tokens will prohibit adoption & use. He only mentions Ripple, and spends much more time talking about IBM/Stellar and the introduction of 'StableCoin' on the Stellar blockchain. Overall it's more thoughtful than the usual pieces put out by Forbes, but there's one point he's trying to make that leaves me scratching my head: HUH??? What about ILP? I would love to hear in greater detail as to how he arrived at this conclusion. Yes, there is a lot of hype in this space, but to me, preventing value from copying itself the way information does on the internet is a pretty big problem. And when it is solved, that disruption may not be felt as much in the "West", but there are billions of people whose lives will be changed (hopefully) in a good way. I guess time will tell...
  10. I'm not finding much either, but it may be that she spent a decent amount of time representing shareholders against corporations. From Judicial Profile: https://www.law.com/therecorder/almID/900005430449/Judicial-Profile-Marie-Weiner/?slreturn=20180725121740
  11. So now Breitbart wants Bitcoin to be the alt-right's darling and XRP is a 'libcoin'? Fine. I don't care. Call me a 'liberal'. A soon to be very rich liberal.
  12. Maybe they're dropping knowledge like Galileo dropped the orange...
  13. @brjXRP17 posted about state vs. federal on another thread w/ an excellent article explaining it: https://www.jdsupra.com/legalnews/race-to-the-state-courthouse-how-the-62544/ "The most significant difference in [US] state court is the lack of a meaningful motion to dismiss procedure. In many state courts, the pleading standard for falsity is far lower.... requiring no more than notice pleading. Indeed, as in many states, California’s notice pleading standard does not even incorporate the “plausibility” requirement.... Naturally, this means that significantly fewer Securities Act claims are dismissed at the pleading stage in state courts than in federal courts." My guess is that Ripple's plan is to get the case moved to federal, then move to dismiss. This is probably why the Tezos case that Coffey is also a part of, which was initially filed in Florida, was withdrawn and re-filed in CA.
  14. The flippening was originally termed for ETH, but I guess it applies to XRP as well. As for zerpening, you should ask @RegalChicken - it all started here:
  15. Speaking of Edison and Tesla, they sure made mistakes. And who came out on top? J.P. Morgan.
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