@KobeissiLetter If this legislation were to go into effect it would promote selling our digital assets. They would incentivize us to pump the money back into the market versus holding valued assets for unprecedented price exposure over the next few years.
@KristinSmith Yes Kristin! We need to see everyone that votes against it documented on the record, so we can let our voices be heard during election time.
@WatcherGuru This is perfect because the banks is like look we'll deal with the competition but only if you are under the same scrutiny as us. Congrats Coinbase!
Hey guys, has anyone else been thinking about Uphold shutting down their 4% XRP direct deposit rewards on March 31? π§ @UpholdInc#XRP@bgarlinghouse
Thereβs gotta be a reason theyβre ending it now. Uphold runs heavy on the XRP Ledger and they clearly have more than enough liquidity. I think the ecosystem is ready for the next big leg up β meaning XRP could appreciate a lot higher soon.
Right now at ~$1.40, a $1,000 deposit gets you about 29 XRP if paid out today. But payouts hit in early April. If the price moons by then, youβll get way fewer coins for that same $40 reward.
Either way though, weβre on the positive side: β
If the price shoots up, weβre getting wealthy.
If it stays around here, we just keep stacking more XRP knowing weβre holding a future five-figure asset.π―
You maximizing deposits before the deadline? What do you think β bullish or nah? π