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DavyJones

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  1. There is no ruling or whatever in place other than the agreement with Ripple that can hold back Jed from selling. He either does not care about the SEC sh*tstorm or knows something.
  2. Best post I have read so far about the current shitstorm. People are freaking out and once the dust settles they will be either completely out of the market or have lost a lot of money. This is just how it works.
  3. TLDR. Got better things to do than reading typical crypto nonsense „news“.
  4. Wow. Already nine pages on this thread. I guess it‘s the same old story all over again. Smells like the 2017 China FUD when BTC was still below $1000.
  5. I believe that this would most likely be the reaction of the internet folks. Still no idea what would happen to the ledger itself.
  6. No. Most people are not in it for the tech. They just want to safely store their investment and need an easy to use interface for that. The Ledger Nano is an affordable piece of hardware and probably one of the most secure ways to store crypto. It’s even quite convenient. I have no problem to set a trustline, but my private key will never be exposed to the outside world in any way. That‘s the whole point. The process to set a trustline is of course straightforward and well documented and I pretty much know what to do and how to really make sure that the key is never exposed in any way, bu
  7. Well then again it boils down to the question how to claim the tokens. If it involves messing with your private key or some other technical stuff that most people don‘t understand then nobody will do it.
  8. I wonder if it has something to do with this: https://www.ledger.com/updating-the-bitcoin-app-to-enhance-security Sounds a bit different, but maybe there is another undisclosed vulnerability ...
  9. Is there any information about how to claim the tokens? If it involves setting up a trust line like for the Allvor airdrop or messing with your private key (potentially exposing it to the outside world) most people will certainly stay away from it.
  10. Ripple just holds his zerps in a multi signature wallet. They fund his „tacostand“ account on a regular basis. He moves the XRP from this account to another account and buys Bitstamp USD IOUs on the XRP ledger every day.
  11. I just calculate it in excel and send the final number (gain / loss) to the tax authorities. The first time I did this they requested a detailed report and I sent them a lot of pages (csv export from the exchange). The second time it went through without further questions.
  12. I fully agree and it was one of the main reasons for me to never buy any Bitcoin.
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