You don't need to be a genius to see that XRP
& the XRP ledger are going to play a critical role in
the new monetary system & financial infrastructure.
I'm no maximalist,
just taking a clear, objective look at the data.
Do you really have to witness it to figure it out?
First, I believe that the digital asset markets are substantially manipulated. So, take the next comments I’m going to make with that in mind.
That said . . .
Each of #BTC and #ETH went over 3X their 2017-18 ATH’s during the 2021 Bull Run, which more or less peaked in April 2021.
It was proven in the @SECGov v. @Ripple et al case by expert evidence that (HISTORICALLY SPEAKING) #XRP more or less trades consistently with the broader digital asset market, with #BTC leading the way. This could NOT occur for #XRP at the time b/c the @SECGov lawsuit was only four months old, and most exchanges had delisted #XRP at that time.
Shout out to @UpholdInc !
Therefore, had the @SECGov lawsuit not occurred, #XRP would have almost certainly seen 3X it’s 2017-18 ATH (which was ~$3.80 at that time in April 2021), which would have been ~$11.40.
From a “market trading perspective,” there is no difference between #BTC, #ETH or #XRP. In fact, during the 2017-18 bull run, they all more or less did the same things, with #XRP slightly outpacing #ETH for the Number 2 spot during that time.
So, what changed since January 2018?
1. June 2018 - Bill Hinman of @SECGov gave a speech saying the @SECGov did not view #BTC or #ETH as securities. See text of Mr. Hinman’s speech here on the @SECGov website: https://t.co/uKqGA8qebi
A. Hinman’s speech (and the resulting “regulatory clarity” with respect to #BTC and #ETH) was referenced repeatedly in the markets by Chairman Jay Clayton, Commissioner Robert Jackson, Director Bill Hinman and many many others, including @SenGillibrand, @SenLummis, and @WarrenDavidson. There is no reason to dispute this, as it’s all well documented on public video and you’ll look really stupid trying to “spin it.”
B. Many have profited from knowing this inside information regarding the @SECGov legal position re: digital assets, including @a16z, @multicoin and Mike Novogratz. Again, no reason to dispute this, as “dimes to donuts” its all on public video and in written communications to (and from) the @SECGov.
2. December 2020 - The @SECGov sued @Ripple et al, and several digital asset exchanges delisted #XRP. See Article re: Delistings here: https://t.co/weBOy4npiy
THE U.S. FEDERAL GOVERNMENT ATTEMPTED TO KILL XRP.
This is not a “conspiracy theory.” This is a fact.
The only reason #XRP has not at least 3X’d its previous ATH is the @SECGov lawsuit and the obviously intended logical consequences of the @SECGov actions. That is it.
If you think that’s “okay” or that the @SECGov was “doing the right thing,” just know that you are 100% in support of governmental corruption and making money no matter what the damages are to others. You are not “special.” You are not a “genius.”
When it all comes out . . . and it all will, please be sure that you are not compromised. If you have profited from the “false narrative” and willfully ignored the basic facts staring you in the face . . . may God have mercy on you.
P.S. I am aware that there are many critics of the actions taken by myself, @ValhilCapital and others, notably by creating a record revealing the U.S. Federal Government’s attempted taking of #XRP through regulatory capture by @SECGov. This activity is most manifest by something commonly referred to as the #XRPBuyback. Your criticism is your right. I would never (as many in our government would) advocate for you to not be able to express your opinion. That is the essence of living in a free society.
However, you are largely misinformed because of your reliance on sacred cows.
And, yes, I have the receipts.
Hey @SenWarren I asked AI why you are so afraid of @DeatonforSenate
Answer:
Well, it seems like Senator Warren has a bit of a problem with John Deaton, and it's not just because he's a crypto-loving, former Marine, asbestos-fighting, cancer-surviving, book-writing, food stamp warrior (phew, that's a mouthful).
It all boils down to their differing views on cryptocurrency. Deaton is a vocal advocate for crypto, while Warren has been one of the most prominent crypto skeptics in Congress. She's even gone as far as to push legislation to crack down on the industry.
But let's not forget, this is politics, and there's more to it than just policy disagreements. Deaton has been making waves on X, challenging Warren's views and even hinting at a potential run against her. And now, he's officially thrown his hat into the ring for the 2024 Senate race.
So, is Warren shaking in her boots? Maybe, or maybe she's just preparing for a good old-fashioned political showdown. After all, it's not every day you get to go head-to-head with a real-life superhero.
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Watch the new footage #XRPUnleashed Below!
Featuring several $XRP community members like @ValhilCapital, @ZachRector7, and @JohnEDeaton1 !! 👀🎬
Will you be watching this Ripple/XRP documentary? 🤔💭
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#ETHGATE #Ripple #XRPCommunity
Stunning hypocrisy from the person who cozied up to the biggest fraud in recent memory.
Gensler is a political liability whose actions have decimated consumers and destroyed the integrity of the SEC, while remaining buddy-buddy with Wall Street.
https://t.co/hAgjJ9IsGR
Team @Ripple is putting a stake in the ground, leading the charge with other industry leaders to support pro-innovation and pro-crypto candidates in the 2024 US election cycle. The US cannot afford to continue taking a back seat on the global stage.
Regulatory overreach (esp from the SEC) is actively moving the US in the wrong direction, and other countries are taking full advantage of the lack of US leadership. We need to advance leaders who will champion innovation and spearhead paths towards responsible regulation.
2024 is the time to go back to first principles by encouraging initiatives to promote transparency, innovation and a compliance-first approach. Team Ripple and I won’t squander it.
ELIZABETH WARREN VIOLATED HER OATH
As a Senator, sitting on the Banking Committee, @ewarren violated her oath. Her job is to provide and engage in actual oversight of the @SECGov.
Instead, she conspired with her close friend @GaryGensler, not only giving him the exact questions she would ask before a hearing, but also the suggested answers to those same questions.
That isn’t oversight - it’s fraudulent, coached testimony before Congress. She literally said that she didn’t want to place Gensler in a tough spot. Are you f’ing kidding me?
HER JOB is to place the Chairman of the SEC in a tough spot - asking hard hitting or “tough” questions.
Think about this:
Elizabeth Warren is 💯 the single biggest critic of #Bitcoin and Crypto in the U.S. Congress. She sits on the Banking Committee overseeing the SEC. And yet, she hasn’t asked the SEC or Gensler about SBF’s multiple meetings with Gensler and the SEC. She hasn’t questioned why or how Gensler MISSED SBF’s Fraud, considering his up and close meetings with SBF.
And why was Gensler meeting with SBF multiple times?
Gensler wasn’t meeting with @brian_armstrong@iampaulgrewal and the @coinbase team - despite Coinbase begging for meetings and being the largest exchange in America and also a U.S. publicly traded company!
No. Instead, Gensler was meeting with the CEO of an OFF SHORE exchange in the Bahamas who turned out to be the Bernie Madoff of Crypto. In her job overseeing the SEC, why hasn’t Warren asked for those meeting notes like @PatrickMcHenry and the @FinancialCmte have?
Warren preaches against Crypto every chance she can, but doesn’t ask why Gensler missed @FTX_Official@CelsiusNetwork Luna/UST, etc.? Why not? She found time to help kill a couple banks that worked with Crypto companies. Why not focus on the source of the problem: actual fraud?
Is she not asking certain questions because of her own ties to SBF’s parents? SBF’s father - Joe Bankman wrote Warren’s tax plan in 2016. We know without a doubt that he helped SBF create all those shell companies to avoid taxes. SBF’s Mother runs a PAC to help Democrats, like Warren, take get elected.
I have over 600 #XRP holders who live in Massachusetts and who are her constituents. We begged Warren’s office to inquire about the SEC and do her job. Not only would she not give us the time of day, her staff said “The Senator is never going to help considering the SEC sued a couple billionaires” aka @chrislarsensf & @bgarlinghouse.
What kind of position is that? Regular hard working people, including hundreds of her constituents, be damned, as long as a couple billionaires get screwed as well?
“Court orders SEC to show cause why it should not be sanctioned for making false and misleading representations to the Court.” SEC v Debt Box, 11/30/23
ALMOST EVERY SINGLE COURT THAT HAS DEALT WITH THE @SECGov IN THE LAST 3 YEARS HAS CALLED THEM OUT FOR LYING.
@PatrickMcHenry where is the subpoena?