Got to thinking about securities, the Howey test, and #XRP. Something I heard from one of the Blockstars podcasts made me recall when Roger Ver mentioned why #Ripple does not have a consumer facing wallet. Let's go on a quick trip....it'll be worth it👇
Here's the clip with Roger Ver on why we don't have a Ripple wallet: https://twitter.com/digitalassetbuy/status/1308025725560057856?s=19
Ok now listen to @s_alderoty and @joelkatz discuss securities in this #Blockstars podcast from 15:05-19:05 mark. Pay close attention to the beavers 😉 https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS85Mzg5OTUucnNz/episode/QnV6enNwcm91dC00NTU2NzU2
Block Stars with David Schwartz - Digital Assets Need Smart Regulation | Ripple General Counsel Stu...

In episode seven of the Block Stars podcast, Ripple CTO David Schwartz is joined by Ripple General Counsel, Stu Alderoty to discuss the current state of global cryptocurrency regulation.   David...

https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS85Mzg5OTUucnNz/episode/QnV6enNwcm91dC00NTU2NzU2
BTW David Schwartz also called out the beavers 🙂 https://twitter.com/JoelKatz/status/1283113460054716416?s=19
Conclusion: Since #Ripple doesn't custody #XRP for retail users, XRP is not a security. #XRP holders can do whatever they want with their XRP after purchase on the market. Retail XRP holders do not even buy XRP directly from Ripple.

Notice Ripple's FAQ on wallets 😎
Conclusion: Since #Ripple doesn't custody #XRP for retail users, XRP is not a security. #XRP holders can do whatever they want with their XRP after purchase on the market. Retail XRP holders do not even buy XRP directly from Ripple. Notice Ripple's FAQ on wallets
Conclusion: Since #Ripple doesn't custody #XRP for retail users, XRP is not a security. #XRP holders can do whatever they want with their XRP after purchase on the market. Retail XRP holders do not even buy XRP directly from Ripple. Notice Ripple's FAQ on wallets
#XRPCommunity @BakkupBradley @digitalassetbuy @WorkingMoneyCH @Kevin_Cage_
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