7Bv2rYf

Daily Ripple/XRP Discussion Thread 01/01/21 [Join Our Discord] invite link: discord.gg/7Bv2rYf
Sign the petition for the government to deem XRP as a currency.
XRP could be the first officially recognized crypto, that it's not a security.
New David Schwartz Interview By David Gokhshtein
I have some XRP on binance that I have to move. Where should it go?
EToro USA Becomes Latest Exchange to Suspend XRP Trading
XRP is a threat to the US dollar?
Great comparison for the SEC v. Ripple case (@17mins)
The iTrustCapital Platform will be unable to support trading in XRP after 5:00 PM on January 8th

Daily Ripple/XRP Discussion Thread 01/01/21 [Join Our Discord] invite link: discord.gg/7Bv2rYf

Posted: 31 Dec 2020 08:04 PM PST

Hello! It's Friday. Welcome to our daily discussion thread.

You can discuss anything related to Ripple and XRP here.

Before posting, read the r/Ripple rules on the sidebar and also check out the thread containing helpful links: https://redd.it/7l94ng

If you see any rule-breaking content, please report by contacting the moderator team modmail

We now have an official discord channel dedicated to r/Ripple: discord.gg/7Bv2rYf

This channel is also used for r/XRP. While there are rules to follow, it will be a more relaxed environment where

you can discuss anything related to Ripple and XRP. The channel is not affiliated with Ripple the company.

submitted by /u/AutoModerator
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Sign the petition for the government to deem XRP as a currency.

Posted: 31 Dec 2020 11:24 AM PST

Come on community we have more than enough members who care about Ripple and XRP to get goverment exposure

https://petitions.whitehouse.gov/petition/we-people-ask-federal-government-deem-xrp-virtual-currency-currency

submitted by /u/ALegendNeverDiesPsn
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XRP could be the first officially recognized crypto, that it's not a security.

Posted: 31 Dec 2020 04:03 AM PST

I've just now realized that if (and that's a big if) Ripple wins the case and XRP is declared not a security, it will be the first officially recognized crypto, that it's not a security. I know about the whole SEC declared BTC and ETH not securities on 2018, but that was only SEC officials (including the previous chairman) personal opinion on it.

I'm not saying that they are securities, but having a legal document declare it's not a security is entirely different than the personal opinion of someone in the Commission. Also many of the these officials have left the SEC and we will have new chair in the coming weeks.

We could see institutional investors flocking into Grayscale's XRP trust and other accredited investor instruments, because of the clarity.

submitted by /u/Drogon__
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New David Schwartz Interview By David Gokhshtein

Posted: 31 Dec 2020 10:37 AM PST

submitted by /u/its_Lucifer
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I have some XRP on binance that I have to move. Where should it go?

Posted: 31 Dec 2020 01:15 PM PST

I invested in XRP a few years ago and intend to HODL, it's currently on binance. Where should I park it for now? I'm a US citizen, and have some coins on coinbase but it seems like it's getting delisted most places for USA. Cold storage wallet? Send to coinbase and wait for the nonsense to blow over? I have 12 days to move off binance to somewhere.

submitted by /u/virtuzoso
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EToro USA Becomes Latest Exchange to Suspend XRP Trading

Posted: 31 Dec 2020 06:46 AM PST

submitted by /u/NoLimitInvestment
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XRP is a threat to the US dollar?

Posted: 31 Dec 2020 06:59 PM PST

Been thinking of this, and I think most people deep in XRP already know, just want to hear your thoughts.

XRP is a bigger threat to the US dollar than Bitcoin is. Bitcoin is just kinda there. You can trade it, exchange things with it, store value, whatever. XRP on the other hand is trying to be a "Bridge currency" with an even playing field in mind.

Even playing field means the US dollar isn't the reserve currency anymore. So instead of having China's Yuan step in the dollar's place, there's this bridge token that isn't in control of any one country. Therefore no country can take advantage of this like the US has done with the dollar.

What do you think? Is XRP a back up plan, or does the US not like the idea of losing it's reserve currency status so that's why the SEC attacked it? "Lender of last resort"?

submitted by /u/StickyNoodle69
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Great comparison for the SEC v. Ripple case (@17mins)

Posted: 31 Dec 2020 09:14 AM PST