The Forces Against Ripple

in crypto •  2 years ago 

as part of the evidence: ConsenSys lawsuit reveals JPMorgan owns critical Ethereum infrastructure (March 2022)

Jones asserts that the Federal Reserve banks were aware of the capacity of Ripple’s technology to establish a fair and equitable environment, thereby posing a threat to their authority and significance within the financial sphere.

The key here is that without any rules crypto was, and remains largely, the Wild West; this helps the banksters with the most ammo.

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  ·  2 years ago  ·  

Prometheum and Paradigm in Debate: Can the Status Quo Work for Crypto? - Ep. 511

  ·  2 years ago  ·  

here comes FedNow

  ·  2 years ago  ·  


the ripples spread

  ·  2 years ago  ·  

in the meantime, those prudent trustworthy banksters are bailing each other out...
Federal Reserve’s banking bailouts reach a new weekly high of $103B

  ·  2 years ago  ·  

but sshhhh... don't tell the proles


just look at the charts.

  ·  2 years ago  ·  

mmm... let's assume criminals will always remain criminals - now, the SEC not approving this rash of spot ETF would probably blow a huge hole in the price of BTC - then next time...

  ·  2 years ago  ·  
  ·  2 years ago  ·  

Ripple CTO Ends Speculation on 10 Billion XRP Buyback
https://u.today/ripple-cto-ends-speculation-on-10-billion-xrp-buyback

or not.

  ·  2 years ago  ·  

Patent Shows MoneyGram Aims to Use XRP in Cross-Border Platform but Experts Remain Doubtful

A patent is like buying an option - you may never end up using it.

  ·  2 years ago  ·  

the patent itself = https://image-ppubs.uspto.gov/dirsearch-public/print/downloadPdf/11568489

amusingly, the designed Inventor moved from MoneyGram to... Ripple.
A tangled tale.

  ·  2 years ago  ·  

later today

  ·  2 years ago  ·  

I kept saying that crypto looked like an experiment - coz, you know, the big banksters love to sit on the sidelines watching others get rich.

  ·  2 years ago  ·  

and against Coinbase

  ·  2 years ago  ·  
  ·  2 years ago  ·  

SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
https://www.coindesk.com/policy/2023/06/30/sec-vs-coinbase-case-set-for-july-13-after-exchanges-creative-opening-response/

That was quick!

  ·  2 years ago  ·  

untangling the knot


a little

  ·  2 years ago  ·  

devaluing exchanges

  ·  2 years ago  ·  

Ripple XRP: LIBOR Debt Transferring To SOFR On June 30th - Coincidence FEDNow Live On July 1st?