The article below was written by the XRP Daily Staff and was posted to thexrpdaily.com on January 14, 2021.

At the time there was a lot of F.U.D. (Fear, Uncertainty, and Doubt) surrounding the fate of RIPPLE, and the cryptocurrency’s price dropped on the market but has since recovered.

What was not reported or talked about publicly at the time was more important than what was reported at that is Ripple has been doing tremendous work with Central Banks around the world to update the archaic money transfer system to make it more efficient and much less costly than it currently is.

Currently, it can take days to transfer money overseas and the cost is astronomical.

Part of the reason is that banks are on different systems and in most cases, those systems do not talk to one another.

That means there are intermediary banks that may take days to process the transfer, and of course at a fee, and most international money transfer means there needs to be some type of currency conversion, also at a fee, and you can begin to see why the process takes so long and is so costly.

RIPPLE is going to drastically reduce the time and the cost to conduct currency transfers across borders and it will be much cheaper than it is today!

Regardless of what happens with the case, the SEC has against Ripple, it is changing how money transfer will happen in the future.

 

Read the article below, leave a comment, and subscribe to my blog so you can be notified when new content is added.

The article below can be read by going to the website URL below, you will have to subscribe to read the full story, but it is free.

Has The SEC Surrendered to Ripple?

Buckle up, things are getting interesting as we march into Q1 of 2021 with the war drum beating behind the SEC vs. Ripple lawsuit. There are rumors, misinformation, and FUD (fear, uncertainty, and doubt) spewing over news outlets and Twitter regarding what’s happening. As expected, Ripple has been tight-lipped regarding the lawsuit, but we are getting fragments of interesting facts and events. Let’s start with the big news, Gary Gensler is the new Chairmen for the SEC. Here is a brief overview of his history:

Source: Wikipedia

There is some hysteria regarding some of Gensler’s comments on the subject of XRP being a security. These comments were made during a lecture Gensler was giving at MIT back in 2018. He did clearly state during that lecture that XRP appeared to be a security in his opinion. He quickly follows up by highlighting the fact that his opinion doesn’t really matter though – which is true. Gensler then finished by say:

Wether XRP is a security or not will be up to the courts, not me.

I can understand how this statement would worry many XRP holders, but a lot has changed since 2018 regarding Ripple and XRP. Also, there is a second lecture that Gensler did while at MIT where he was explaining the use case for XRP and calling it a currency, so this is also something to keep in mind. It goes to show, that while everyone is scrambling to better under crypto as a whole, opinions and ideas might evolve over time. This might apply to how Gensler thought about XRP back in 2018 compared to how he currently might think of XRP. No one knows, only time will tell. I urge you all to remain unemotional and logical.

Now, there are some other interesting nuances taking place regarding this matter. The first one is that Gensler used to be the Chair of the CFTC (Commodity Future Trading Commission) in 2009 – 2014. The CFTC has already declared that they view XRP as a currency and even fined Ripple based on currency laws for not have lawful AML (anti-money laundering) and KYC (know your customer) security measures in place.

Do you know who appointed Gensler as the Chair of the CFTC? Barack Obama.

Do you know who Barack Obama appointed to be the Chair of the SEC during Gensler’s time at the CFTC? Mary Jo White.

Do you know who is currently on Ripples’ legal team while they wage war with the SEC? Mary Jo White.

There is no way Gary Gensler and Mary Jo White don’t know each other very well, they worked for the same administration.

This is not a “dot-connecting” article, but I am simply trying to point out there is a massive game of 4D chess taking place. Which brings me to my last point regarding the rumor that the SEC has already dropped or settled the case with Ripple. There is no proof of that whatsoever. If you look at the available information it actually looks like things are heating up, not cooling down. A notable lawyer on Twitter had this to say:

Don’t fall for the rumors and fake information. Don’t fall for the FUD and to the maxies out there. Stay informed and stay logical. I don’t think either party will “bend the knee.” We stand to lose it all or have it all. Personally, I’m in love with those odds.

108 thoughts on “Has The SEC Surrendered to Ripple?

  1. Nicely put. Regards.
    [url=https://theessayswriters.com/]help me write my english essay[/url] write a summary for me [url=https://bestcheapessaywriters.com/]essay writer site[/url] site that writes essays for you

  2. Thanks a lot, I enjoy this!
    riversweeps online casino 777 [url=https://bestonlinecasinoreal.us/]michigan online casino[/url] pala casino online

  3. This is nicely said. .
    [url=https://bestpaperwritingservice.com/]academic paper writing services[/url] buy literature review paper [url=https://bestonlinepaperwritingservices.com/]custom papers for college[/url] where can i buy resume paper

  4. You made the point!
    [url=https://bestpaperwritingservice.com/]pay to write research paper[/url] order custom papers [url=https://bestonlinepaperwritingservices.com/]college term papers for sale[/url] best custom paper writing service

  5. Cheers. I enjoy this!
    [url=https://bestpaperwritingservice.com/]online research paper writing service[/url] research paper writing services [url=https://bestonlinepaperwritingservices.com/]professional research paper writing services[/url] finished custom writing paper

  6. You expressed that very well!
    [url=https://bestpaperwritingservice.com/]reviews of research paper writing service[/url] college paper for sale [url=https://bestonlinepaperwritingservices.com/]custom written papers[/url] pay to have paper written

  7. Well expressed truly! .
    [url=https://ouressays.com/]best research paper writing service[/url] research proposal [url=https://researchpaperwriterservices.com/]parts of a research proposal[/url] research paper proposal

  8. This is nicely put. !
    [url=https://payforanessaysonline.com/]pay for essay writing[/url] pay for a paper to be written [url=https://buycheapessaysonline.com/]cheap essay for sale[/url] buy essays online

  9. Superb posts. Thanks.
    [url=https://service-essay.com/]best paper writing service[/url] paper help [url=https://custompaperwritingservices.com/]reviews of research paper writing service[/url] buy resume paper

  10. You’ve made your position quite well..
    [url=https://bestpaperwritingservice.com/]online research paper writing service[/url] white paper writing services [url=https://bestonlinepaperwritingservices.com/]pay to write papers[/url] paper writing service review

  11. Whoa many of amazing facts.
    [url=https://essaypromaster.com/]write a paper for me[/url] pay someone to write your paper [url=https://paperwritingservicecheap.com/]essay writer free[/url] online essay writer

  12. You reported that perfectly.
    [url=https://hireawriterforanessay.com/]write my paper for me free[/url] best essay writers online [url=https://theessayswriters.com/]pay someone to do my essay[/url] extended essay writer

  13. You said it perfectly.!
    [url=https://essaywritingservicelinked.com/]biology essay writing service[/url] trusted essay writing service [url=https://essaywritingservicetop.com/]essay writer help[/url] best paper writing services

  14. You made your position extremely well..
    [url=https://payforanessaysonline.com/]buy an essay online[/url] essay for sale [url=https://buycheapessaysonline.com/]pay for essay online[/url] pay for paper

  15. Thank you, I value this.
    [url=https://helpwithdissertationwriting.com/]phd thesis[/url] dissertation uk [url=https://dissertationwritingtops.com/]dissertation abstracts[/url] phd dissertation help

  16. 第151章 郭家来人拿着手中的龟壳查看了一下,看样子,现在的我 ?牛皮癣诱发因素有哪些? 还无法探测这龟壳 头皮型牛皮癣 的奥秘,不过我倒是并不着急,这玩意儿一直就在我的身上,?牛皮癣诱发因素有哪些?等我实力足够的时候,再慢慢研究也不迟。毕竟我也研究了这么多年,一无所获,也算是正常的。想到这儿,我将龟壳收起。深夜,我却迎来了一位客人,向东。“此次前来,是有件事情想跟你商量一下。”我将向东邀请进屋后,向东 该怎么判断孕妇到底有没有患上白癜风呢 直接进入主题。“何事?”我和向东虽然只有一面之缘,但说起来,挺对脾气,甚至上次这家伙信守承诺,将醒神作为赌注给了我。醒神这门道术的威力相当强大,虽说我才刚刚入门,但我很清楚,这东西,绝对是好东西。“有个地方,不知道你有没有兴趣跑一趟。”向

  17. 第1184章 生气了次日端午节,宫中 牛皮癣哪里能根治 家宴。因 大威太子! 皇后还在孝期内,所以后宫里多少也要忌讳些,所以家宴也比较简单。摆在交泰殿里。不过,太后的意思是,皇后过世之后,后宫众人都心情不好,所以这回,就叫所有人都参加吧。叶枣只是冷笑了一下,就叫花嬷嬷传话去了。这种 马达能动但车轮不行! 醉翁之意不在酒,她还不在乎。她倒是要看看,这后宫里的美人儿们牛皮癣哪里能根治,哪个能在她眼皮子底下出头。她知道如今太后看重富察氏,赏赐了好几回了。是,那丫头长得真是好看,比年轻时候的云贵人以及锦妃都亮眼。可是那又如何?一个小答应,还能翻天不成?翻天了,她也能将她拽下来。如今的叶枣不再是过去那个叶枣了,如今,四爷要是变心了,宠幸年轻的姑娘可以。伤心与否

  18. Cheers! I enjoy it.
    [url=https://essaywritingservicelinked.com/]best essay writer service[/url] service to others essay [url=https://essaywritingservicetop.com/]essay writing websites[/url] ebook writing service

  19. Nicely put. Many thanks!
    [url=https://essaypromaster.com/]professional essay writers[/url] essay writers [url=https://paperwritingservicecheap.com/]research paper writers[/url] essay writers online

  20. You stated this superbly!
    [url=https://dissertationwritingtops.com/]dissertations online[/url] dissertation def [url=https://helpwritingdissertation.com/]phd paper[/url] writing dissertations

  21. You made your stand quite well!!
    [url=https://writinganessaycollegeservice.com/]admission essay service[/url] writing an informative essay [url=https://essayservicehelp.com/]cheapest essay writing service uk[/url] cover letter writing service

  22. Superb info. Thanks a lot!
    [url=https://writingpaperforme.com/]writing a research paper[/url] writing a paper [url=https://custompaperwritersservices.com/]how to write a scientific paper[/url] how to write a philosophy paper

  23. Very well spoken indeed. !
    [url=https://helpwithdissertationwriting.com/]dissertation uk[/url] dissertation writer [url=https://dissertationwritingtops.com/]dissertation data analysis help[/url] phd paper

  24. Helpful posts. Many thanks!
    [url=https://domyhomeworkformecheap.com/]do my chemistry homework[/url] do my math homework [url=https://domycollegehomeworkforme.com/]pay someone to do my homework[/url] do my college homework

  25. Wonderful forum posts. Kudos!
    [url=https://ouressays.com/]buy a research paper[/url] parts of a research proposal [url=https://researchpaperwriterservices.com/]online proposal[/url] research proposal apa

  26. Wonderful stuff. Cheers.
    [url=https://bestpaperwritingservice.com/]pay to write paper[/url] paper writer services [url=https://bestonlinepaperwritingservices.com/]custom papers[/url] best college paper writing service

  27. Wonderful information. Thank you!
    [url=https://essaywritingservicehelp.com/]research paper writing services[/url] writing an analytical essay [url=https://essaywritingservicebbc.com/]writing an argumentative essay[/url] essay writing help

  28. Tips effectively considered!!
    [url=https://hireawriterforanessay.com/]essay writers online[/url] essay writers online [url=https://theessayswriters.com/]essay writter[/url] online essay writer

  29. You said it adequately.
    [url=https://essayssolution.com/]write my essay cheap[/url] write my resume for me [url=https://cheapessaywriteronlineservices.com/]persuasive essay writer[/url] persuasive essay writer

  30. Fantastic stuff. Appreciate it.
    [url=https://customthesiswritingservice.com/]thesis paper[/url] research thesis [url=https://writingthesistops.com/]write a thesis[/url] doctoral thesis

  31. You said it perfectly.!
    [url=https://studentessaywriting.com/]best resume writing service 2020[/url] write paper service [url=https://essaywritingserviceahrefs.com/]pro essay writing service[/url] admission essay service

  32. You explained it wonderfully!
    [url=https://topswritingservices.com/]essay writing sites[/url] best resume writing service reddit [url=https://essaywriting4you.com/]linkedin profile writing service[/url] essay writing service uk

  33. You’ve made your position quite effectively..
    [url=https://service-essay.com/]cheap research paper writing service[/url] buy college paper [url=https://custompaperwritingservices.com/]best paper writing services[/url] cheap research paper writing service

  34. Terrific tips. Regards.
    [url=https://topswritingservices.com/]best essay writing[/url] best custom essay writing service [url=https://essaywriting4you.com/]writing services[/url] personal essay writing service

  35. You stated it superbly!
    [url=https://service-essay.com/]order custom paper[/url] online paper writing service [url=https://custompaperwritingservices.com/]online paper writing service[/url] cheap research paper writing service

  36. Whoa many of awesome tips!
    [url=https://essaywritingservicelinked.com/]writing a college application essay[/url] essay review service [url=https://essaywritingservicetop.com/]essay writing practice[/url] best college essay writing service

  37. Amazing loads of superb tips.
    [url=https://argumentativethesis.com/]thesis titles[/url] thesis writing service [url=https://bestmasterthesiswritingservice.com/]thesis proposal example[/url] doctoral thesis

  38. Щит коммутации с устройством контроля трехфазной сети, подключение как однофазных нагрузок, так и трехфазных. По заданию Заказчика щиты коммутации могут изготавливаться и в других модификациях.

    стабилизаторы напряжения http://stabrov.ru.

  39. казино brillx официальный сайт играть
    https://brillx-kazino.com
    Добро пожаловать в удивительный мир азарта и веселья на официальном сайте казино Brillx! Год 2023 принес нам новые горизонты в мире азартных развлечений, и Brillx на переднем крае этой революции. Если вы ищете непередаваемые ощущения и возможность сорвать джекпот, то вы пришли по адресу.Предоставив широкий спектр игр и вариантов ставок, мы делаем ставку на то, что каждый игрок найдет что-то особенное для себя. Brillx Казино – это не просто место для азартных игр, это место, где рождаются легенды и судьбы переплетаются с риском.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>