HASHR Ventures ☀️ ☀️ ☀️
@khughbreslin
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Yogi | TM | 1-Exit | Open L1 Utility Investor | DeFi | 2 Six-week intensives: Oxford Uni: Blockchain Strategy Program | MIT: IoT Business Implications | MBA
Chicago (Citizen:US & Ireland)
Joined December 2012
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I read all 71 pages of the SEC complaint
I read Ripple’s Wells Notice response
There is only one outcome
Ripple prevails and gains regulatory clarity for XRP as a currency
One can only guess why the SEC pursued this. But it is clear that it was not for the stated reasons
💥
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Who says XRP is NOT a security?
- Japan’s FCA
- UK’s FSB
- US FinCEN
- US former CFTC Chair
- Former SEC enforcement Michael Didiuk
- G20 regulators
Wait, what?...
- SEC’s Clayton wakes up from a stuper to sue Ripple for being a security?
Thanks again 2020
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💥 XRP has serious ROI RISK that most are overlooking. PLEASE PROTECT YOURSELVES’S and BE AWARE of this.
💥 ROI RISK defined; The risk of not having bagged enough early on.
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💥 EVERYBODY should be aware of this RISK!
💥 …please for the sake of the
#XRPcommunity
….retweet!
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Architecting an economic fortress
XRP= excavation, foundation, basement, HVAC, plumbing & electric
VET= exterior and interior walls
XLM= windows
HBAR= roof
QNT, ZAP = appliances & furnishings
DGB, ZIL, KEY = landscape & exterior hardscape
SPARK = security system
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When $XRP gets to ~ $20. A whole lot of bitcoiner’s are going say?
Wrong answers only.
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💥As bad as it is being an XRP holder while Ripple is being sued by the SEC…
💥It would feel much worse not holding XRP…
💥XRP was sued because it is the most consequential crypto and it works flawlessly…
💥The lawsuit is validation that this specific tech; XRPL is best
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💥 XRP regulatory clarity is more than a bureaucratic stamp.
💥 XRP regulatory clarity is a green-light to the entire crypto-space and market that it is GO-TIME.
💥 XRP regulatory clarity signals that UTILTY is GAME-ON.
💥 XRP reg-clarity means let the FLIPPENINGS COMMENCE
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💥 The next crucial chapter in crypto history will be written as XRP takes center stage
💥 SEC resolves Ripple lawsuit through mediation before the end of Q2 2021
1/n
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💥scarcity:XRP
💥interoperability:XRP
💥liquidity:XRP
💥efficiency:XRP
💥swift 2.0:XRP
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$XRP Volume ~this time yesterday $5.083B
Volume today, right now ~ $7.120B
Source: Coin Stats
Status: On Track
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💥 We are witnessing, today, the abject power of “utility” of XRP
💥 A once in 3 generations type investment
💥 The 4th Industrial Revolution is a decade old, but just now mature
💥 A global financial revolution is underway
💥 DeFi on XRPL will lead crypto to the masses
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History in the making.
The
@FlareNetworks
Spark token distribution is the largest coordinated airdrop in Cryptocurrency history.
Speaks volumes about the potential we are participants in as XRP holders and the expanded future potential in the DeFi space as holders of SPARK.
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The flippening is visible, for the first time, on the horizon.
$XRP
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💥 The SEC, clearly, is on a kamikaze (suicide) mission with its Ripple lawsuit.
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CBDC’s transacting with a bridge asset (XRP) will put downward pressure on USD demand.
In one act - the SEC lawsuit stalls the globe’s crypto forward movement by protecting the USD.
The XRP lawsuit was serendipitous tool for the ETH free-pass to try and build a moat there.
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@GaryGensler
@SECGov
There fixed it.
The spirit of the
@SEC_Enforcement
is about protecting INCUMBENTS. Our rigorous enforcement regime
@SECGov
is about following the MONEY and NOT the law, wherever WE CAN FILL OUR POCKETS, this is on behalf of INCUMBENTS, WE DON’T CARE FOR OR ABOUT working families
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If XRP lands as a ‘currency’ would a high-dollar stable-value of XRP, picking a number for example purposes of $10,000 per XRP... have the similar chilling effect on the retail market as the halts and delistings?
I think it would.
Part of SEC lawsuit is to slow things down.
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💥GOAL: Reset the global financial system
💥STRATEGY: Operate in plain site
💥OBJECTIVE: The fewer people who invest in the new tech the better.
💥TACTIC: Obfuscation and misdirection
💥TACTIC: Introduce an "economic sideshow" w/inferior technology and promote it heavily
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💥 Ripple was sued DEC 2020 on the precipice of bull run that would have added massive liquidity to XRP
💥 Just as stablecoins are a threat to sovereign fiat
💥 XRP liquidity is a threat to GRC status to USD
💥 This cannot be said for another other crypto
💥 XRP the standard
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A few notes that conceptually weigh in favor of the theory that XRP is potentially an existing long term plan of the US Gov & IMF.
- Fed chair Powell. ~”We’ve been working on digital currency for decades.”
- FinCen 2018 agreement with Ripple on XRP
cont’d
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Next Tuesday SEC Chair
@GaryGensler
will be testifying in front of the Senate Banking Committee.
CALL TO ACTION: Every XRP holder please commit to tweeting 20x a day to senate banking committee members about the SEC over-reach and ask them to question Gensler fiercely.
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Could it be imminent (+ - 5 days)?
SEC settlement followed by sidelined stablecoin whale-money pouring into XRP...
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$XRP 26% gain since 7/27 which was one day prior to Japan/Philippines ODL opening news.
$.64 to $.80 this morning
Staying on the trajectory… w/o other news developments …$10.17 by EOY
Not TA just simple-growth from ‘utility’
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This is a war between the US government and US Tier 1 Banks who control the SEC (a rogue US regulatory agency) and their enforcement agenda.
Handing regulatory oversight of crypto to the SEC is allowing the fox to guard the henhouse and will be the death knell to US innovation
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My clarity on the XRP
- XRP buyer not a seller
- SEC took the first steps toward US economic suicide with this suit
- this is an attack on the entire crypto space
- instead of leading on regulations the US is years behind
- Ripple-test usurps Howey
- SEC flippening underway
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WATCH: The SEC wants the Ripple case delay time in order to dismantle exchanges and other crypto market makers.
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Right it down. Ripple will relinquish control of the escrow before this is over.
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🚨 $4.45 🚨
XRP price that flips ETH market cap.
It’s coming in what will be an easy 5.56X
That’ll get things started
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💥 The
@SEC_Enforcement
is now enmeshed in collusive behavior trying to cement an Ethereum monopoly with unjustified delays in the Ripple lawsuit.
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When the SEC lawsuit is settled or dismissed I am pretty sure the
#XRPCommunity
gets a congratulatory tweet from
@elonmusk
(who is known for a strong dislike for the SEC)
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This is the big banks kicking Ripple in the shins. They own the SEC. The banks are being dislocated.
XRP isn’t a security. It probably accelerates regulatory clarity.
Make haste, pay a fine, and move past this as quickly as possible.
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“Out of the 155 validators on the XRPL, Ripple runs 6” - Brad Garlinghouse
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Brilliant! UK’s Financial Regulator Clears Air, infers Ripple’s XRP not Security Token -
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“XRP is the only example in crypto that is being used in production at the enterprise level.”
~Brad Garlinghouse, CEO Ripple
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#GenslerMustResign
(Day 14) tweeting everyday until Gensler is out.
#Retweet
if you agree.
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@CGasparino
@SECGov
He set in motion a massive economic windfall for business assoc by hindering superior technology (XRP) that was within weeks of setting a new ATH.
His action precipitated a $15B loss for retail investors in XRP following 8 years of Ripple begging for clarity from the SEC
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💥XRP has 150-200 exchanges around the world trading XRP
💥XRP today is largely shallow retail trading, however this is not the use case Ripple is pursuing
1/2
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💥 Hella bullish week coming up.
💥 Gensler seated.
💥 Major news should come out of IMF meetings
💥 XRP coiled up and ready to rock
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A positive XRP outcome will be agony for singularity maxi’s who’ve illogically rejected XRP’s progress over recent years.
It will dually be that ‘renaissance moment’ in the entire crypto space as an awakening of ‘Utility’ which will be led by it’s natural leader, XRPL.
#XRP
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SEC Attorney Client privilege, Denied.
So ordered.
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“XRP is the liquidity of last resort in the long tail of a truly global economy, where there aren’t deep pools of publicly available liquidity.”
~ David Schwartz (
@JoelKatz
)
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When the SEC loses to Ripple, via summary judgement, I see zero chance they go after ETH or BTC in the same manner.
There are too many legacy firms investing in ETH and BTC. This is a game, by the SEC, of crush the outsider while they protect the insider.
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Anyone get the sense Judge Netburn already has made up her mind on fair notice and is just further accumulating justifications for her decision?
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“Ripple prevails” to me means.
- This is settled relatively quickly
- There may or may not be concessions
- Ripple long term prospects are not impaired
- XRP long term prospects are not impaired
- CEO may or may not survive
- Chair may or may not survive
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We agree that CBDC’s are coming faster than we imagine.
One of the reasons that makes XRP so compelling beyond its long term potential, is that in order for CBDC’s to work along the rest of the IoV - one piece is key.
The global bridge asset XRP.
XRP has to front-run crypto.
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Fact: XRP needs to be launched before CBDC’s. The wholesale bridge must be in place first.
We know the momentum for CBDC’s is building. 80% of CB’s are planning their DC’s.
Benoit Coeure, head of the BIS Innovation Hub - Bank of International Settlements...
1/n
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💥 My theory right now... the SEC lawsuit is perhaps more a geo-political tactic vs a back-handed enforcement action for regulatory purposes.
1/n
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Bitcoin is the bait and switch used to keep the masses from discovering and investing in utility solutions.
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I guess I just realized that I’ve never sold an XRP, ever. And potentially never will.
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The SEC is on the wrong side of history and the law in their reckless case against
@Ripple
US Regulation by enforcement must end.
XRP is not a security.
@RepMaxineWaters
@congbillposey
@RepTomEmmer
@RepCasten
@SeanCasten
@ChuyforCongress
@RepChuyGarcia
@RepBillFoster
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Gotta love that former SEC Chair is on the conference call and representing Ripple.
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Saying you may appeal and appealing are two different things.
Saying your going to appeal re-establishes doubts in the marketplace. Convenient.
We know enough, and have the law on our side right now, let’s ignore whatever rhetorical nonsense the SEC wants to disseminate.
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💥 Anytime you just want to say F U
@GaryGensler
I’ll support that with a retweet and some tags to our legislators.
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💥 XRP will dominate the wholesale backend of global finance...
💥XRP needs to be functioning and in place ... ahead of everything else
💥XRP’s ODL will create a gravitational force pulling the entire space along the maturity curve
1/2
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Check the SEC’s math.
BTC & ETH gained SEC regulatory clarity because their technology is inferior and can never directly compete w/the incumbents in the payments space (remittances and cross-borderfx)
XRP tech needs to be marginalized in order to maintain the US status quo
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Institutions won’t have operational price sensitivity around the final price of XRP
If they need to move $2B of value a day it makes little difference to them whether they need to source 20M XRP at $100 or 2M at $1,000
They’d even prefer a higher price -like 200k at $10,000.
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@KMSmithDC
It’s crystal clear,
@SenWarren
has competing interests over and above her oath of office. She’s demonstrated a complete lack of regard for this country’s future and its position as a technology leader. We’re just like to know who’s incentivized this for her to act in this manner?
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💥 Zero chance the Ripple case is not settled. Zero.
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Everyone needs to know this.
…spread the word.
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💥 The Flare SPARK token is the ultimate DeFi as a global Funnel for “all the value/liquidity” across, XRP, XLM, DOGE, BTC networks to flow onto the XRPL
💥 Avalanche consensus. Hosting (dApps), including decentralized financial protocols (DeFis)
First Turing complete FBA / EVM
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@JohnEDeaton1
$15M during his tenure at the SEC? So he was at the SEC at the behest of the firm and his private sector clients?
And his work for the Ethereum Foundation was essentially a quid pro quo... to pave the way to regulatory clarity as a one-off...
Wow...
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I tweeted this 6 days after the lawsuit was filed.
“One can only guess why the SEC pursued this. But it is clear that it was not for the stated reasons”
Today I learned from
@attorneyjeremy1
that he agrees w/
@JohnEDeaton1
that the SEC knew it could not prove XRP is a security
I read all 71 pages of the SEC complaint
I read Ripple’s Wells Notice response
There is only one outcome
Ripple prevails and gains regulatory clarity for XRP as a currency
One can only guess why the SEC pursued this. But it is clear that it was not for the stated reasons
💥
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LBRY case ruling was stated as expected in 4-8 weeks from 7/20 that puts us at 9/14… we might see the ruling this week.
@LBRYcom
@jeremykauffman
…pulling for you guys all the way!
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🔋If the SEC allows the Ripple case to be ruled upon at Summary Judgement they risk putting themselves out of the ‘Regulation by Enforcement’ business.
🪫The SEC is not going to do that. The SEC will settle before a ruling.
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@ewarren
American people are skeptical of the system because we have disingenuous career politicians like yourself who’ve sold their souls to the highest bidder.
I’m a progressive and find you repugnant.
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👉United Texas Bank (regional) has a Digital Assets tab on their website.
👉Speculation is that it would be utilizing Ripple’s Liquidity Hub to offer these services.
Credit
@sentosumosaba
👉They are poised & getting ready for …one can only guess - settlement?
💥
#XRP
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💥The market-cappers insist that this is impossible because XRP would be bigger than the FANG stocks combined
💥BTC Maxi’s heads explode and some experience spontaneous combustion (...🤞Vone Tays and his barber)
💥 XRP hodlers plan celebrations and meet-ups globally
4/4
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No better example of why the public trust in our institutions has eroded. They’ve all been gutted by thieves like this reptile.
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💥 Reminder SWIFT handles…
💥 $5 Trillion per day
💥 $1.25 Quadrillion annually
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We are voting out ANYONE who is slowing down American innovation in crypto! via
@ProCoinNews
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💥May 12, 2020: JP Morgan Bank takes on Coinbase and Gemini as their first banking customers
💥July 22, 2020: The OCC allows all ‘national’ banks to custody crypto and offer banking services
💥Aug 2020: lawsuit dismissal
💥October 2020: CFTC declares XRP regulatory oversight.
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Epic. Hall of Fame video presentation by
@BCBacker
here.
Must See and Must Share with your elected officials.
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When Brad Garlinghouse said in 2018…~”We are not partnering with SWIFT, we are taking them over.”
That probably neatly coincides with planning for the Ripple/XRP take down by the incumbents colluding with the SEC.
That is our system.
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Good morning to everyone, especially those who own what will be the dominant protocols of the IoV which will form the backbone of the new global financial system.
$XRP, $QNT
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From
@digitalassetbuy
latest video...a great reminder of the former
@LeeR912
account... which is gone now.
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💥 The SEC does not have some special esoteric knowledge to divine the legality of what is and what isn’t a security.
💥 FFS they’ve had eight plus years to figure out XRP and they’ve failed at their mission
💥 The Dept of Justice and FinCEN ruled XRP is a currency.
1/2
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💥SEC and US Gov know this
💥It’s ALL about liquidity
💥Including why and when the SEC sued Ripple
💥The XRPL is a “public good”
💥If this is your entry point to XRP it is ALL you need to know
💥Unpack this and you’ll understand ALL
💥Stack & Hodl XRP
💥Unleash XRP NOW
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💥Fyi to the world...
💥In the future there will not be a conventional equity stock market on one side and a crypto market on the other
💥All will be tokenized, decentralized, liquid
💥The rise of “trustless” systems has only just begun
💥These are unassailable facts
💥
#XRP
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Transaction on the Ethereum network yesterday.
49.27% gas
34 minutes to settle
… the future?
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#xrpcommunity
💥 The ace up our sleeve in this regulatory slugfest and lawsuit… is the significant adoption already in-progress around the world.
💥 This puts enormous pressure on the US to move forward or be left behind
💥 Evidence: Even JP Morgan is touting XRPs prospects
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💥 Anyone getting close to nominating
@digitalassetbuy
for a Pulitzer or Edward R Morrow award…
💥 He’s killing it!
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Soul crushing to hear how
#LBRY
is being treated by the SEC.
Yet this is what we are dealing with. An out of control regulatory agency with zero boundaries or oversight.
We met with SEC recently. We told them we'd do anything to have same legal status as Ethereum.
Pay every dollar back. Burn all cryptocurrency we own. Let everyone go and dissolve company entirely. Anything.
They literally laughed in our faces. Evil, despicable monsters.
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💯…one of this tweets, I’d wish I wrote 🙌.
Right on message. Right on truth. Right on XRP!
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With Ripple’s defense call to proceed to summary judgement irrespective of the court’s full disposition on the emails… they appear to be carving out a win for the SEC as well… because the SEC would retain their regulation by enforcement posture
@JohnEDeaton1
@attorneyjeremy1
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The SEC creates years worth of legal traps and pitfalls for every one in the crypto space - building fictional cases until such time as they can deploy them strategically to pick and choose winners and protect incumbents. That’s their mission.
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Ripple - full steam ahead.
1,296 global job postings.
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Interesting. Gave me pause thinking...”would a CTO of a firm being sued by the SEC tweet something antagonizing during settlement negotiations?”
Thought it may signal no ongoing negotiations. But, nah for this CTO, for this case, for this SEC...believable.
JK deleted tweet.
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$QNT will be the connective tissue of Web 3.0 with its Overledger product.
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Great clip. Draper tells it like it is.
My igloo in GA is still for sale if you believe this
@ripple
lawsuit is about anything other than power plays. No matter what anyone says Gensler's the top dog. He could make this go away yesterday. Nothing happens without Goldman Sachs and JP Morgan.
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