Why WallStreet Talking Heads Turning A Blind Eye To Ripple & XRP
Kevin O'Leary made his fortunes off of software. He also states all the time that the money is in the software (Google, Apple, Microsoft, etc.). The biggest thing this reminds me of is Ripple. They are utilizing the digital asset XRP (Oil to Exxon) and they are building software products around XRP to facilitate cross border payments that settle instantly and remove the trust component to transacting with other countries or banks. They also eliminate the need for pre funded accounts. XPP is separate from Ripple and even if Ripple were to close their doors XRP would continue to trade in the free and open markets.
With that said why are the wall street talking heads completely turning a blind eye to XRP? Why is the SEC bringing a lawsuit against Ripple claiming that Ripple sold XRP as an unregistered security to fund their operations? First of all they did not sell any XRP on secondary markets they only sold to market makers (ie. accredited investors). They also did not promise any returns. On top of that, you can buy Ripple private equity (private company shares) with the digital asset XRP on the platform Linqto! How can you buy a security with another security? That makes zero sense.
So the question remains... why is this all happening? Its because the powers that be and market makers are talking their book the same thing they did with Bitcoin and the same thing they did with Ethereum and other cryptos. It has been proven that JP Morgan was an early investor in Ethereum so technically isn't Ethereum the true banker's coin? Also a ton of companies, banks, and countries starting to hold bitcoin does that make bitcoin the banker's coin?
Lets look at what Goldman Sachs said about crypto in the past... www.cnbc.com/2018/02...dman-sachs-says.html
"Most cryptocurrencies will crash to zero, Goldman Sachs says
PUBLISHED WED, FEB 7 20187:35 AM ESTUPDATED WED, FEB 7 20181:22 PM EST"
OK now lets fast forward to today and look at Goldman Sachs' website (they are second biggest financial institution in the world) www.goldmansachs.com/
OK now the Ripple website with XRP section: ripple.com/xrp/
Watch what they do not what they say folks! If you listened to these wall street crooks back in 2018 and earlier you would be one bitter bear. Use logical thinking and do your own research. Ripple is an American born company with headquarters in San Francisco Silicon Valley. SWIFT is being disrupted and Ripple will replace it. The US is behind this digital asset race. Ripple is years ahead of the competition. How does the US plan to get back into the number 1 spot? With Ripple and XRP... The one true layer 1 blockchain that works, its efficient, cheap, and scalable. Also the world's first decentralized exchanged. XRP is not just the world bridge currency that is only one use case.... XRP will be used to issue any asset on the XRP ledger including stablecoins, We will also see DeFi, NFTs, store of value (XRP is deflationary in nature) and many other use cases. XRP is basically top 5 and currently under a lawsuit with SEC. What other crypto do you know of that could prove that resiliency in face of adversity? The plan all along was act like XRP was nothing and ignore the person behind the curtain... Now they bring a lawsuit against Ripple to give XRP legal clarity (the first of any crypto in the US) and give the green light for banks to start using it (flipping the switch).
I know what I own... do you?
We could also see a weekly Inverted Head and Shoulders and if so the target will be 1.50USD.
With that said why are the wall street talking heads completely turning a blind eye to XRP? Why is the SEC bringing a lawsuit against Ripple claiming that Ripple sold XRP as an unregistered security to fund their operations? First of all they did not sell any XRP on secondary markets they only sold to market makers (ie. accredited investors). They also did not promise any returns. On top of that, you can buy Ripple private equity (private company shares) with the digital asset XRP on the platform Linqto! How can you buy a security with another security? That makes zero sense.
So the question remains... why is this all happening? Its because the powers that be and market makers are talking their book the same thing they did with Bitcoin and the same thing they did with Ethereum and other cryptos. It has been proven that JP Morgan was an early investor in Ethereum so technically isn't Ethereum the true banker's coin? Also a ton of companies, banks, and countries starting to hold bitcoin does that make bitcoin the banker's coin?
Lets look at what Goldman Sachs said about crypto in the past... www.cnbc.com/2018/02...dman-sachs-says.html
"Most cryptocurrencies will crash to zero, Goldman Sachs says
PUBLISHED WED, FEB 7 20187:35 AM ESTUPDATED WED, FEB 7 20181:22 PM EST"
OK now lets fast forward to today and look at Goldman Sachs' website (they are second biggest financial institution in the world) www.goldmansachs.com/
OK now the Ripple website with XRP section: ripple.com/xrp/
Watch what they do not what they say folks! If you listened to these wall street crooks back in 2018 and earlier you would be one bitter bear. Use logical thinking and do your own research. Ripple is an American born company with headquarters in San Francisco Silicon Valley. SWIFT is being disrupted and Ripple will replace it. The US is behind this digital asset race. Ripple is years ahead of the competition. How does the US plan to get back into the number 1 spot? With Ripple and XRP... The one true layer 1 blockchain that works, its efficient, cheap, and scalable. Also the world's first decentralized exchanged. XRP is not just the world bridge currency that is only one use case.... XRP will be used to issue any asset on the XRP ledger including stablecoins, We will also see DeFi, NFTs, store of value (XRP is deflationary in nature) and many other use cases. XRP is basically top 5 and currently under a lawsuit with SEC. What other crypto do you know of that could prove that resiliency in face of adversity? The plan all along was act like XRP was nothing and ignore the person behind the curtain... Now they bring a lawsuit against Ripple to give XRP legal clarity (the first of any crypto in the US) and give the green light for banks to start using it (flipping the switch).
I know what I own... do you?
We could also see a weekly Inverted Head and Shoulders and if so the target will be 1.50USD.