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We can still help Ripple prove that XRP is not even remotely comparable to a security.
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The lawsuit placed by the Security and Exchange Comission has presented Ripple is in regards to the company aledgedly selling over a billion dollars in exchanges without the proper authority and certification. One issue with this case is that security shares lead to receiving a relative percentage of profits, which Ripple does not provide to the holders of its crypto currency. Another clear reason it can not be classified as a security is that the value of a security is more reliant on the actions of a company, and the value of cryptocurrency is more so in the hands of the participants of the market buying, selling and holding... This leads me to my last point. We can stick it to the SEC by buying XRP and HOLDING! We need to protect the crypto community, and if the SEC starts to get involved with cryptocurrency trading regulation, it could have a seriously disruptive ripple(😉) effect. Let's take it to the moon and HOLD fellow crypto traders and holders.

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3 years ago