I don’t understand the tribalism. I don’t understand rooting against Ripple and XRP. What people don’t realize is that if Ripple loses, this opens the door to basically every other crypto. The SEC has already made its stance that they may treat anything with an ICO or a governing
Body or a founder with a large supply as a security. Right or wrong, if Ripple loses this lawsuit, it won’t matter if your crypto is decentralized. All that will matter is do one of the following apply: (1) was there an ICO (2) is there a governing body
(3)is there a founder or company that holds a large amount(4) was there an expectation that you would be able to make a profit on a secondary market(like coinbase). If the answer to any of these four is yes, your coin may be next if Ripple loses. Few coins can say no to these Q’s
You can follow @jesse_hynes.
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