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The Burning Question: Is XRP a security? Going in depth


ibelievexrp

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On 6/20/2018 at 1:43 AM, enrique11 said:

No, XRP itself is not a security...it has too much utility. It's Ripple's use of and control over XRP and its influence over the network and various parameters thereof that make exchanges and the SEC question whether it's a security IMO.

Great so Ripple Labs will be forced to give a majority of its XRP stack to the Federal reserve in escrow.

 

oops did i say too much?

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