XRP Case has BROKEN the SEC (Insane Government Crypto Chess Moves)
XRP Case has BROKEN the SEC (Insane Government Crypto Chess Moves)
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I’ve been saying it for years, if you look at it for what it really is, it needs to be done.. it’s going to be a major shift that’s for sure also have a paper on this one
The bright side with you telling us the case would be over a year ago is we all can avoid short term capital gains tax since we have held for over a year 🙂
Classic hewittt!
🤣👌
Yeah!
Remember when bitboy was hating on XRP 🤣 I guess XRP holders aren’t crazy after all
that was a long time ago
@J Snow Founds can sell their xrp allocation when they like, that’s how neon a founder works… ETH founders print ETH when they like, move to proof of sale so they hold true majority supply and control the nodes… ETH is owned by JPM as they own most of the supply.
@Mike Baker i remember him saying case will be close last September lol
@sb I remember it too. He truly believed it. We’ve all been wrong before and will we all will continue to be wrong until the day we die🤷🏾♂️
WTF makes Ethereum special? Lobbyists? It’s the least transparent, had an actual ICO, hides it’s centralization. .. and was started in 2017… Ethereum is more “Security” than every other Crypto
@juan duque he ain’t wrong bro .. I bet you like Ethereum hahaa.. the Ethereum foundation has sold at the top of the bull market a couple times and is dumping on their investors fool 😂
ETH is highly decentralized and has been around “long enough” and is “decentralized enough” … to maybe be safe from the SEC or other agency.
ETH = JPM
Ethereum was available to purchase in 2015. At least get that part straight. The project began in 2014.
But yes, it is an alt coin. Anything other than bitcoin is an alt coin.
That doesn’t change just because Ben thinks so…
But everything else you said is also correct other than the year of course.
Didn’t they just give the SEC millions to hire more enforcement lawyers for the Digital Assets?
Congress gave them 2 billion but not necessarily to go after Crypto. That’s what Gensler is choosing to do with the money.
That’s what I was just thinking?? Let’s just be positively optimistic for now, friend ✊️
The 84,000 new IRS agents will more than make up for the SEC enforcement arm. Also, not sure of all these big players moving into the crypto space is a good thing. They will be the ones picking the winners and losers. The little guy will be crushed or not allowed to invest in most of the space.
It’s a rotten thing to do…..hey! We added 84,000 new jobs…smh
It won’t,community in crypto is important..
Don’t work like that, buy what u believe in and hodl
Even if that’s the case, for you that means buy now , buy as much as you. That’s how I’m lookin at it
Is this the same contact that told you last year (summer of 2021) that the Ripple case would have been over by September 2021? Then November 2021? (“I’ve got a guy…”)
All bs .
Just another bitbs show
Here is another story about a guy who is in the inside told me something. Would it be nice if this was true? Yes! Why has the SEC case against Ripple not been settled since you said it was a year ago?
Because Ripple turned it down.
Why would this be the end of the SEC? The SEC would still have oversight of all other stocks and non crypto securities.
He has no clue what he is talking about
yea, end of sec, lmfao suuuuuure buddy
What purpose do stocks have if the WEF succedes? Do you know many people who own nothing yet invest in stocks?
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I’m sorry Ben, but you are so wrong about the “need” for an independent crypto regulatory body. That’s not the answer. If you get your wish, you will be regretting it almost immediately.
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SEC’s death is their own fault… but somebody must keep an eye on Securities. They won’t die anytime soon. But tbey surely need a restructuring.
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I remember this case was supposed to be over end of September as per Bitboy… then October… then November… now we are 2022 summer…
Why would you believe a YouTube channel about a court case ending 😂
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One of these years he will be right about the XRP case.
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I remember when Gensler was appointed and people were optimistic…I never was. I smelt a rat from day one.
I doubt the SEC will completely disappear. However, i would say it needs to go back to do what it was originally designed to regulate. If law makers are serious about this, why can’t they step in now? The whole thing is frustrating.
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You gotta love th myself Sunday drive videos!!!! Thanks for bringing back the nostalgia Ben!! ❤️
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Thanks Ben for the good news. Hope you always give us the latest update in the xrp case.
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No way the SEC goes away. When was the last time a government bureaucracy went away? Predictions like that make me think y’all have no idea what you’re saying.
Ok 👌🏾 I’m just know about it all but this week kmo I move in
The UAE created and now has an independent body focused on regulating crypto. I think it is possible the U.S can adopt a similar policy, they’re just a bit slowed to move.
You’re right, we can’t (shouldn’t) have people regulating crypto who know nothing about crypto. However, we already have public servants and politicians regulating things which they no nothing about. Why is crypto any different? It’s not. The independent entity is a good idea on paper. How do we change the status quo and ensure that the well qualified people become and remain in charge of regulation?