An Interesting Tweet Thread Regarding Regulation

[Guest]

I'm burying this here to avoid yet another debate in the General Discussion section. It's more for posterity than discussion. I think it's an interesting read and I'm not going to comment on it any further than that. 

https://mobile.twitter.com/jchervinsky/status/1007673805949554689

Edited July 26, 2018 by Guest

[Sarnos]

SECURITY!

[Guest]

1 hour ago, Sarnos said:

SECURITY!

[Hodor]

Thanks @LordVetinari - gave this guy a follow.  I've got to admit, I liked this tweet:

 

[peanut56]

At this point ripple may have just come out of being a security with remmintance companies going live, coil, xpring, and other. I doubt the SEC would punish Ripple permanently when there production is moving forward while needing to come up with a way regulate blatant scam ICO's that are still white paper only ideas with no funtion being classified as a security. If the SEC is designed to protect investors from fraud regulating current securities before opening up ICO's to institutions maybe a strategy in order to regulate without injury while slowly building confidence in public sector by not being a threat to the industry. All I am saying is they probably will not come down with an iron fist on ripple if they did I would assume ripple would have to somehow sell or give away all remaining xrp so that the sell of xrp itself was not a profit motivator.

[Guest]

A long time, maybe 2 years for SEC to make there ruling if XRP is a security or not.. Sucks.