XRP Holders / The first exposure dropped by insider Steven Nerayoff #ETHGate

[VanHasen]

Here we go - first drop of conversations with buterin about ETH-restructuring plan (theres also a full audio-recording of this conversations AFAIK)

Note: Nayaroff says that the evidence of fraud will be dropped within the lawsuit against the ETH-gang - but this conversations should already provide a lot of nasty insides about Lubin and co

"The recording isn’t directly related to the fraud but will illuminate a lot of what was really happening & show my involvement.

The fraud will be in the lawsuit."

 

Have Fun!

 

(36 pages)

 

 

[HAL1000]

[HAL1000]

 

[YngwieJ]

Just curious why the fascination with what ETH did or didnt do. A major scandal erupting involving ETH and her founders would not be good for crypto, XRP included.

 

[princesultan]

44 minutes ago, YngwieJ said:

Just curious why the fascination with what ETH did or didnt do. A major scandal erupting involving ETH and her founders would not be good for crypto, XRP included.

 

Bingo

[HAL1000]

57 minutes ago, YngwieJ said:

Just curious why the fascination with what ETH did or didnt do. A major scandal erupting involving ETH and her founders would not be good for crypto, XRP included.

What do you think happens to all the money in ETH and its ECO system, if ETH gate get's blown up!

Yes there maybe an initial amount of insane volatility, but after that, anybody still looking to invest in crypto, will be looking at BTC and XRP if they have any brains. Ripple are a proper company, XRP for the next 2 years or more is pretty much untouchable by the SEC unlike every other crypto and if a settlement is reached, then it's game over and XRP can be unshackled. 

If AMM's come to the XRPL then it's a no brainer, for any serious investor.

[YngwieJ]

So using that logic it would be great if BTC was declared a security and hence the money would flow to XRP? I prefer to let all boats rise and with it XRP. A crash in something as important as ETH (Metamask) EVM's etc would be catastrophic for the entire ecosystem. Why do you assume affected ETH holders will pile in on XRP? 

Edited November 16 by YngwieJ

[HAL1000]

2 minutes ago, YngwieJ said:

So using that logic it would be great if BTC was declared a security and hence the money would flow to XRP? I prefer to let all boats rise and with it XRP. A crash in something as important as ETH (Metamask) EVM's etc would be catastrophic for the entire ecosystem. Why do you assume affected ETH holders will pile in on XRP? 

When the internet started and search engines got going, many competitors fell by the wayside, Google wasn't even in the running at one point, but a winner did emerge. I see Ripple and XRP being in that same kind of boat right now, I'm not saying I'm right, but it's my honest opinion. Also ETH is an expensive to use tech demo, IMHO.

[YngwieJ]

I remember those times well. We had search engines such as Lycos, AskJeeves, Infoseek, Excite etc. The end user was spoilt for choice. Now we have one monolithic company who controls everything we see and do. I dont use Google at all but I am sad to see they are ever pervasive in all aspects of our society. Even cars have their tech in them so you are never free of them.

Regardless, I want BTC, ETH, XRP and all new technologies to thrive as this lifts the whole crypto ecosystem. XRP is very old tech now in the crypto sphere so to assume something doesnt come along and eats its lunch is naive. BTC is safe as it does nothing essentially. ETH has plenty of uses where XRP is not even relevant. (Smart contracts). Live and let live!

YMMV

 

[HAL1000]

6 minutes ago, YngwieJ said:

I remember those times well. We had search engines such as Lycos, AskJeeves, Infoseek, Excite etc. The end user was spoilt for choice. Now we have one monolithic company who controls everything we see and do. I dont use Google at all but I am sad to see they are ever pervasive in all aspects of our society. Even cars have their tech in them so you are never free of them.

Regardless, I want BTC, ETH, XRP and all new technologies to thrive as this lifts the whole crypto ecosystem. XRP is very old tech now in the crypto sphere so to assume something doesnt come along and eats its lunch is naive. BTC is safe as it does nothing essentially. ETH has plenty of uses where XRP is not even relevant. (Smart contracts). Live and let live!

YMMV

Adoption is the key and behind the scenes Ripple is building that out at scale. Betamax was better than VHS, but VHS still won, because it was cheaper, if you take the point. You can have all the shiny and new you like, but adoption really is the most important factor 

" ETH has plenty of uses where XRP is not even relevant. (Smart contracts)."

  

[YngwieJ]

XRP is great at whats its intending to be used for. No questions. ETH also has merit for its usage. They can both co-exist without one having to dominate the other. But I am not hoping for ETH or BTC or any other coins demise like many on here seem to be cheering on. ETH, with a market cap of 365B is essential in this space. Metamask, Uniswap operate under its umbrella. You kill an lot of adoption by wishing for its to disappear.

Alls I am saying.

[HAL1000]

12 minutes ago, YngwieJ said:

XRP is great at whats its intending to be used for. No questions. ETH also has merit for its usage. They can both co-exist without one having to dominate the other. But I am not hoping for ETH or BTC or any other coins demise like many on here seem to be cheering on. ETH, with a market cap of 365B is essential in this space. Metamask, Uniswap operate under its umbrella. You kill an lot of adoption by wishing for its to disappear.

Alls I am saying.

I could care less about ETH or most cryptos, it's Joe Lubin, Vitalik and their friends in high places + the crooks at the SEC THEY brought off, I want to see them go down. They and their friends have committed so many crimes and tried to rig the crypto game in favour of ETH, it's beyond anything Hollywood could dream up. Can't wait for the movies, books etc, that will come out about this.

This is why I do what I do here.

Ultimately ETH gate is very real and it stinks to high heaven and Steven Nayaroff is about to prove the things many in the XRP army have been screaming about for years. THEY labeled everyone in crypto scam artists and hucksters etc, when THEY are the real criminals in all this. The SEC wiped out over 15 billion dollars worth of XRP holders assets overnight - all the scams in the crypto industry last year added up to less than 14 billion.

I SAY F THEM ALL AND THEIR CROOKED GAMES.

[YngwieJ]

I never invest in anything with revenge as a motive. I view all of these coins suspiciously and aim to take profits whilst I can. I find investing in crypto a lot easier than other assets because the mentality of many investors is so predictable it is metronomic. Lubin et al I am sure have done things less than above board. But you cannot honestly think that executives at Ripple are saviours out here to help the little guy? All of them have overpromised, under-delivered and have acted in self interest. ALL. OF. THEM. 

Being religious about a project is not a good idea. Whether it be BTC, ETH, XRP, SOL etc. Humans are driven by self interest so if the time comes for a rug pull, you can believe they will all do it. 

But we agree to disagree.

[HAL1000]

5 minutes ago, YngwieJ said:

I never invest in anything with revenge as a motive. I view all of these coins suspiciously and aim to take profits whilst I can. I find investing in crypto a lot easier than other assets because the mentality of many investors is so predictable it is metronomic. Lubin et al I am sure have done things less than above board. But you cannot honestly think that executives at Ripple are saviours out here to help the little guy? All of them have overpromised, under-delivered and have acted in self interest. ALL. OF. THEM. 

Being religious about a project is not a good idea. Whether it be BTC, ETH, XRP, SOL etc. Humans are driven by self interest so if the time comes for a rug pull, you can believe they will all do it. 

But we agree to disagree.

I don't care about Ripple - I have said that before on this  forum as well... you don't understand me or my motives, but to sum it up easily, I HATE THE MAN... that's the simple version.

[PlanK]

I don't see ETH disappearing or the main actors getting put in jail.  Crooked banking execs get caught and slapped on the wrist all the time.  ETC still exists, Jed is still running around, this isn't SBF level fraud (so far).  It'll be validation that ETHgate wasn't a conspiracy theory and maybe open the eyes of the general public to the increasingly open corruption in the financial system.

What I'd most like to see is any gubmint officials that get compromised in this get sent away.  Not gonna happen I know, they have legal protection.

 

^ Actually, that's a lie.  What I most want to see is some GoT level intrigue, backstabbing, blood on the floor drama starring Jeremy Hogan as Jon Snow, and John Deaton as the biggest mofo, fire-breathing dragon ever!