Sascha 'EFINITI' Kirchhofer

Building the Elpis Protocol — cryptographic identity for AI agents on XRPL.
Founder EFINITI Services | Husband, father | 🇩🇪

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@JoelKatz Happy birthday Mr. Schwartz! Stay healthy and have a nice day. Wish you all the best. 🎂🍀🎉🥳

[Brad Garlinghouse @bgarlinghouse]

The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.

This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@bgarlinghouse So happy ! Congrats to the entire team. All the best from Germany.

[John E Deaton @JohnEDeaton1]

Sometimes when you do the right thing simply because it’s the right thing, good things happen. Although I represented 75K users, investors, developers, and token holders pro bono, against the @SECGov, I can’t truthfully say I haven’t been rewarded for my efforts. It’s true, I haven’t received any form of payment, but the love, support and respect from tens of thousands of people across the globe is pretty special.

First, it was the Defender of Freedom Award (what a GREAT title), issued by the ICBLA; then it was the Consumer Advocate Award, issued by the @DigitalChamber; and today, I officially received the Lawyer of the Year Award from Lawyers Weekly.

I accept the award today on behalf of 75 thousand users, holders, and consumers - including the 627 #XRP holders, and nearly 100 hundred @coinbase customers, I represent from Massachusetts. 🙏

[Krippenreiter @krippenreiter]

[1/🧵] Palau is one of a kind in using the public $XRPL to showcase the possibility of a new paradigm with their newest pilot project, the "#PSC."

I'll take you behind the scenes and explain what's prominent on the transparent public #XRPLedger, so have a look. 🧵👇

[Stuart Alderoty @s_alderoty]

Welcome to O̵f̵f̵i̵c̵e̵ After Hours with me! Let’s clear up this confusion about securities, investment contracts and digital assets.

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@s_alderoty Thank you Mr. Dalio sry, Mr. Alderoty 🤣

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@HigherManas How many other networks there are, does not matter. XRPL can be used "now" by every bank. And will sooner or later be able to connect to other networks launching in the future, too..

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@HigherManas What i understand, Ripple the company is using the XRPL to build banking products for every bank in the world, not for the BIS or the IMF. One usecase: They created a liquid market based on digital assets that allows these banks to get rid of prefunded nostro+vostro accounts.

[Stuart Alderoty @s_alderoty]

Maybe we can now start a rational conversation about crypto regulation in this country.

[Brad Garlinghouse @bgarlinghouse]

The most important part of this ruling:

“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.”

This is a now a matter of law (not up for trial.)

[Brad Garlinghouse @bgarlinghouse]

We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.

[Brad Garlinghouse @bgarlinghouse]

Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it - and felt like it warranted some personal comments.

[Stuart Alderoty @s_alderoty]

1/ It’s been 5 years since Bill Hinman gave his infamous speech ��� and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@wearepixarrow @JohnEDeaton1 @Ripple Link ?

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@DigPerspectives @JohnEDeaton1 Happy birthday from 🇩🇪 Mr. @JohnEDeaton1 !!

[Crypto Tea @Cryptotea]

There are 400,000 pending transactions on the bitcoin network and binance halted transactions due to the congestion and high fees

I’ve been warning people of this for months and the righteous bitcoin maxis have kept their mouths shut because they can’t admit bitcoin has any flaws

I always tell the truth.. Bitcoin has an exploit and it needs to be fixed asap

people are uploading useless data to the blockchain which is making it slow and expensive

someone uploaded 10,000 pictures of monkeys to the blockchain which bloated nodes by 1.4 gigabytes!
That’s just one nft collection!

this community is supposed to be strong enough to handle quantum attacks, but watching it be defenceless to jpegs is embarrassing

maybe some centralization is good, because this is an obvious problem that should have been fixed by now

hoping the nodes and miners come together to solve this but I fear greed has already gotten in the way

this demand may be good for price in the short term, but it simply does not scale. People will leave the network because it is inefficient for both money and for NFT’s

I’m researching privacy coins in the meantime since you can’t track each coin to do stupid stuff like this

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@MackAttackXRP Source: A random crypto enthusiast on twitter says! lol

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

@Leerzeit Collusion?

[Sascha 'EFINITI' Kirchhofer @EFiNiTi]

Is anyone there who knows how to switch $FLR Gatehub UAB tokens to the native network? They say currently only #XRPL network is supported to transfer or exchange the FLR tokens, but no native token support yet. And. Their CEX does not support any FLR pair. #XRP Cummunity?