HAL1000 Posted August 4, 2021 Share Posted August 4, 2021 Julian_Williams, VanGogh, RandyMarsh and 3 others 5 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 4, 2021 Author Share Posted August 4, 2021 You can't make this s**t up, I swear to God this is the most f****d up thing I have seen in ages. SEC commissioners at loggerheads, different agencies fighting each other for control and congress trying to pass bills, that conflict with each other. My take - you can't stop progress, with either words or unworkable regulations. Install the APP and let the backend software work out the best deal for each of us, who cares what bloody tokens are classed as or who gets to issue and control them. The future is smart oracles connected to A.I. systems and vetted price feeds, so giving us all the best deals possible as consumers. Let the A.I. systems do the accounting and taxing, whilst we all head off to the beach moonchikun, aavkk and RandyMarsh 3 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 4, 2021 Author Share Posted August 4, 2021 And I know this got posted in another thread - but it seems appropriate to highlight here again, from Brian Quintenz CFTC Commissioner:- #CRYPTO ASSETS RandyMarsh, VanGogh, Scout and 3 others 6 Link to comment Share on other sites More sharing options...
Julian_Williams Posted August 4, 2021 Share Posted August 4, 2021 (edited) Almost need to depose them for Ripple against SEC? Edited August 4, 2021 by Julian_Williams HAL1000 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 4, 2021 Author Share Posted August 4, 2021 DannyRipple, JASCoder and Alluvial 3 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 4, 2021 Author Share Posted August 4, 2021 Alluvial, DannyRipple and BillyOckham 2 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 5, 2021 Author Share Posted August 5, 2021 (edited) Jeremy Hogan Mr. Quintenz, I understand the Commission sometimes submits amicus curiae briefs to courts to assist in interpretation of the law. Has the CFTC made a decision as to whether to file an amicus in the SEC v. Ripple litigation? --------------- An amicus brief is submitted by an entity not in the litigation (a third party) which has an interest in a case. The CFTC has an interest in the Ripple lawsuit if it believes that XRP is a commodity, and it could file a brief stating why XRP is a commodity and not a security. --------------- John E Deaton For those of you that do not know: @giancarloMKTS is the former Chairman of the CFTC and heads the Digital Dollar Project. In short, he knows what the hell he’s talking about. BTW, he has declared #XRP IS NOT a security and should not be treated any differently than Ether. And former SEC Commissioner Joseph Grundfest has stated that since the SEC has failed to make a material distinction between #Ether and #XRP the enforcement action against XRP should not have happened. --------------- I have a Queen song going through my head at the moment:- Edited August 5, 2021 by HAL1000 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 5, 2021 Author Share Posted August 5, 2021 https://www.forbes.com/sites/michaeldelcastillo/2020/06/17/xrp-isnt-a-security-declares-former-cftc-chairman/?sh=50eca4d1539b Link to comment Share on other sites More sharing options...
RipMcGillicuddy Posted August 5, 2021 Share Posted August 5, 2021 The pushback on Gensler from companies and other regulators yesterday was pretty intense. Not that he cares or Senator Warren cares as they just want to rekt companies and people and collect money to fund their needless spending. It's become clear that the crypto industry is at or near the front of the minds of Congress now. Scout and JASCoder 2 Link to comment Share on other sites More sharing options...
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