Thread by @xrpartisan, 1/ Coinbase is officially halting trading of XRP in the US today. [...]

1/ Coinbase is officially halting trading of XRP in the US today. Despite the exchange halts, SEC woes, escrow claims and XRP's dropping market cap rank, I'm still mega bullish on XRP. Am I insane?!

(Video version @ )

A thread.

2/19 Let's be honest. For most people, crypto bull runs are just a really long weekend in Vegas. It's a casino, only the odds strongly favor the player instead of the House. It's hard to pick a coin that DOESN'T make you a lot of money in a bull run. I mean, DOGE...

3/19 That narrative is finally starting to change, though. There's real utility in crypto now, even if it's largely in its infancy. DeFi is a great example. Permissionless borrowing and lending of and against crypto is a huge innovation that's great for the majority.

4/19 Even Bitcoin, as slow and clunky as it is for payments, has saved some people's bacon when the gov't froze their bank accounts or hyper-inflated the currency into worthlessness (a fate the majority of the world is marching toward daily as the money printer goes brrrrrr).

5/19 There are other examples also. Crypto is being used for purchases in video games (a beast of a market @ $150+ billion/year), tokenizing assets like stocks, real estate and artwork, and the US Postal Service even has a patent in for voting on a blockchain.

6/19 Those are the kinds of things everyday people in everyday life will actually notice. Normal folks play video games, invest in the stock market (or at least hear about it in the news), vote in elections, etc. What they DON'T see and DON'T hear is why I'm a raging XRP bull.

7/19 Yes, XRP is hands-down the best payments tech in the crypto space, but I'm not naive. The best tech doesn't always win. If you're old enough to remember Beta Max and Laser Discs, their tech was far superior to VHS, but VHS won the market share war.

8/19 Sometimes tech just fails to catch on for whatever reason. Maybe it's too expensive, its market push fails to spark interest, the team loses important members to other projects. Whatever the reason, great ideas sometimes fail. They just do.

9/19 But XRP isn't just a great idea or the best payments tech. It has a huge ecosystem with hundreds of projects running right now. Ripple is currently the largest of those projects, and its ambitions are truly lofty indeed.

10/19 You see, Ripple has the Internet of Value in its sights. It's partnered with hundreds of financial institutions for making cross-border payments/remittances. It's held conferences with dozens of Central Banks regarding the future of payments, stablecoins and CBDCs etc.

11/19 These aren't things every day people pay attention to. The opaque world of big finance is way outside the reach of the average person (and financial institutions like to keep it that way). But the info is there if you look for it.

12/19 Ripple has stated that it adds 2 new clients per week to RippleNet. That's more than 100 new financial institutions coming on board each year. 20% of the payments use on-demand liquidity (XRP). 100+ new clients per year using XRP means "number go up".

13/19 The SEC lawsuit has depressed the price of XRP (which should be well above $2 by now), but I see that as an opportunity, not an issue. I'm a long-term investor, not a swing trader. If I was a swing trader I wouldn't hold XRP b/c it needs time to overcome the obstacles.

14/19 The price of XRP being depressed allows me to accumulate far more than I would have been able to had XRP reached its current value price. Since I'm a long-term investor that's been fantastic! If XRP dips again, I'm backing up the truck for another buy.

15/19 Remember what happened after Kik settled with the SEC over the KIN token. KIN gained 1500% in the 2.5 months following that settlement! If XRP does the same it's price will go well beyond the previous all time high. I believe it will go above $10 due to its use/utility.

16/19 Also remember that XRP is only having difficulty in the US. It's been deemed "not a security" in the UK, Japan, Singapore and is being used around the world by most of the largest banks and financial institutions (because they're all RippleNet partners).

17/19 It's easy to lose sight of those things when the media jumps at the chance to dissect every bit of bad news that comes out. Remember the media's motto: "If it bleeds, it leads." Unfortunately people are wired to pay more attn to bad news than good, so that's what we get.

18/19 Nay-sayers on Twitter/my YouTube channel always point to XRP's current price, because at the casino price is the only thing that matters. But people don't make generational wealth at a casino, which is why I don't gamble, and why XRP is my vehicle to reach my goals.

19/19 SUMMARY: XRP is up against a lot of short-term FUD, but it's the best tech in the space, there's a vast network of financial institutions using it, and it's received the green-light in most major financial countries. XRP will blow people's minds when it moons, so HODL on!