Community Trust ScoreVerified
- Ripple Slamming BTC and ETH Very Late
- Exposing the ETH double Standard
- Somehow ETH is not a security
- XRP not slamming ETH but defending itself in Court
Ryan Selkis shared: Ripple’s policy strategy is that of a drowning victim. They’re slamming BTC & ETH behind closed doors to deflect attention from all the executive mis-directions that took place for years around XRP sales. I’d like Ripple to beat the SEC, but with friends like them, who needs enemies!
Community Response: Unless there’s a galaxy brain strategy I’m missing, their “We’ll force the SEC to call Ethereum a security too!” strategy has to be the most smooth-braided idea I’ve ever come across.
They are slamming BTC and ETH? Tell us more If nothing is wrong with ETH it shouldn’t be a problem for anyone. Is it? Let them talk. Let the XRP community do their research. Why do you seem bothered about that? RATS are getting scared.
I think you MAXIS are just annoyed that they speak the truth.
“Deflect attention”, yet they are the only transparent entity in this space. Meanwhile, you got ETH pulling stories like this, lying to all investors it decentralized all while moving to PoS so they have total control amongst the few “disguised whales”.
How are they slamming BTC & ETH? I would imagine ‘slamming’ is a euphemism for silently exposing ETH for being a double standard. Getting the judge to acknowledge Hinman’s opinion opened the door for the SEC to be forced to contend with ETH rather than protect it as they’ve been doing.
Oh Sorry. I guess you forgot the part of Ethereum selling to the public as ICO and presale. They wait and that sounds like angel investors and Pre-IPO, but somehow that’s not security?
Where are they slamming ETH, other than pointing out double standards by the SEC towards ETH, which on paper is more of a security than XRP? That’s not slamming ETH, that’s merely defending their case in court.
Ryan, let’s unpack this statement, because it’s a complete mischaracterization of their strategy. At the surface, your comment seems to have the aim of unification, but you frame Ripple in the sense that is most damaging and antithetical to their argument and posture.
You also misdirect the focus of their defense by suggesting they need to defend themselves by blaming others. In the area of gradients and values where the law is met, we need reference points and paradigms through which to gauge and compare.
It is not right that the SEC with this litigation chose to go after Ripple being that ETH held ICO’s from their inception. Surely, you are not implying also that Ripple cannot use ETH and BTC as examples in their defence. Perhaps because you are an ETH holder? Double standard?
Everyone was silent all last year. Now, that the speech has been deemed personal opinion. The ETH boy’s sound real scared.
Would have been a major win for Ripple, if the speech was considered official guidance. The fact that it was deemed personal opinion is bad for the market in general including Ripple.
Agreed. I don’t see how you can speak with a big logo behind you and a place in front saying your job title but it’s only your opinion. Feels like he was on the clock and in uniform and at my job if those conditions are met you rep the company. It’s bad 4 everyone.
