I had some time to think and reflect on the video from Blockchain Backer from yesterday and here are my thoughts purely as an #XRP investor (read the thread).

1. If it turns out to be true that Brad Garlinghouse and Chris Larsen sold $XRP to retail investors, it happened during the bear market, when $XRP followed the trend of the entire crypto market.

2. Yes, one can make the argument that it is unethical and they should have been transparent about it, however, as an investor I understand market cycles. The $XRP chart didn’t deviate from the rest of the market during their alleged selling.

3. The reason why the SEC is “the enemy” is, because they had such a long time to subtly resolve this issue, yet they dropped the news just as $XRP finally entered the bull market and it was these news that made the #XRP chart deviate from the rest of the market.

4.The reason why BG can’t mention or deny the allegations is because anything he says at this point can be misinterpreted and misconstrued and used against him and the company. I understand the frustration as #XRP investor, but I think it’s best to let lawyers do their job now.

5. I believe that the SEC included personal allegations in order to hype the document and increase their chances of arguing that $XRP is a security. It proves to me that they have a weak case and that their primary motivation was their own ego and hurting crypto in general

6. Regardless of the allegations against Brad Garlinghouse and Chris Larsen, I am 100% confident that #XRP will be declared NOT a security and when it does, price will do what I have been expecting as an investor.