WHY THE SEC v. RIPPLE CASE IS THE MOST SIGNIFICANT @SEC_Enforcement CASE IN MODERN HISTORY: Part 2

I left off on Part 1 by asking you which company has been actively and publicly attempting to replace the SWIFT Banking system for the last 5 years?

https://twitter.com/johnedeaton1/status/1361140555833610248?s=21 https://twitter.com/johnedeaton1/status/1361140555833610248

The answer is, without question, @Ripple. @bgarlinghouse has publicly stated that everything Ripple does moves them closer to that goal. CBDCs and the development of stable coins are inextricably intertwined with Ripple’s mission to replace the SWIFT payment system. In Part 1

I mentioned how Singapore’s largest bank, DBS, stated that #XRP is faster and cheaper than SWIFT. But what about the development of CBDCs? How does the #XRPL play into that scenario? In fact, Ripple announced that it intends to leverage its payment platform and the #XRPL

for delivery of CBDCs. Garlinghouse publicly stated that Central Banks are looking to issue CBDCs on the #XRPL.
Garlinghouse also stated publicly, “XRP could be a key crypto asset in the digital
dollar revolution.” Ripple presented a plan to host CBDCs together with the #XRP

token. The #XRPL will host CBDCs and public and private entities are able to modify CBDCs according to their
needs. As an aside, this use case alone makes #XRP a non-security. But is this all Ripple hype or do others see #XRP similar to how Ripple does? Well, the WEF named #XRP

as the most relevant crypto for CBDCs by banks. @JoelKatz, Ripple’s CTO, says that the #XRPL will bridge between CBDCs. In short, #XRP acts as a bridge currency. As an aside, this use case alone makes XRP a non-security. After the WEF’s comment regarding #XRP, discussion emerged

within the crypto community whether #XRP would become the world’s global CBDC or be a bridge asset between
all CBDCs. While all of this positive news is being published in the Crypto investor community, the @SEC_Enforcement is nowhere to be found. The SEC was aware of all of

this utility being discussed related to #XRP and not only said nothing, but when asked, repeatedly, refused to share information that would protect innocent investors. Not only did the WEF discuss the utility of the #XRP token, but, long before the
SEC’s factually and

intellectually dishonest claim that #XRP is a security when it commenced its enforcement action on December 22, 2020; the IMF had also listed #XRP as a bridge currency. Hence, internationally and in the United States, XRP was being described as a currency, or commodity, or

utility token. The DOJ’s FinCen also classified #XRP as “virtual currency.” The SEC complaint against Ripple and #XRP, declaring that #XRP was, always has been, and continues to be, a security is likely the most far-reaching, outrageous and absurd claim the @SEC_Enforcement has

ever alleged. @BrianBrooksOCC stated publicly that in the U.S. there are too many agencies in
finance and banking. He openly asks the question “Do we think it’s best for the Government to
build a CBDC or utilize the private sector, which is already built?”

Brian Brooks, without
question was discussing a product like #XRP and the #XRPL. I believe without a doubt that he was referencing #XRP because he stated that the technology to build a CBDC was “already built”, but that the only issue was with A LACK OF REGULATORY CLARITY.

He could not have been referencing #BTC or
#ETH because they have long enjoyed regulatory clarity by being declared non-securities by people from the @SEC_News. Additionally, Brian Brooks has stated that the industry needs to know whether the SEC
thinks XRP is a security.

As an aside, utilizing #XRP to help build CBDCs, alone makes XRP a non-security. When you consider the economic destruction the SEC Enforcement Action caused, one immediately thinks that it was filed with reckless disregard for the collateral economic damage to thousands of

innocent investors with absolutely no connection to @Ripple @bgarlinghouse or @chrislarsensf. Once you consider all these facts coupled with the fact that Clayton was warned by former SEC Chief Joseph Grundfest, whom pleaded with Clayton not to file the action due to

“unprecedented multi-billion-dollar losses to innocent investors,” immediate
thoughts of criminality come to mind. As a former federal prosecutor I find it criminal what Clayton, Herron Lee, and the former @SECEnfDirector have done to innocent investors with no connection to

Ripple (including many that have never even heard of
Ripple). As I’ve previously Tweeted, if the SEC is successful in classifying Today’s #XRP as a security, then, basically, all Crypto is in danger of being classified a security.

Arguably, digital currencies, Defi,
and CBDCs have been the most talked about area of finance during the last several years,
exploding this year due to the Global Pandemic. #Bitcoin and Cryptocurrencies have generated more publicity and dialogue than any other financial

topic and/or instrument in the world. #Bitcoin ‘s Dominance in the Digital Asset space demands it’s own Thread, but, needless to say, the digitalization of money and currency is the MOST TALKED ABOUT FINANCIAL TOPIC OF OUR TIME. Many experts have stated that digital currency is

only the beginning. NFTs are huge. The TOKENIZATION OF ALL ASSETS IS COMING. Platforms like @RobinhoodApp, @Square and @UpholdInc allow for fractional shares of stocks, metals, and commodities. Professional athletes may create a tradable digital asset related to their career.

Imagine having a piece of a @KingJames contract. Hell, @UpholdInc has created the World's first tradable carbon token. They have democratized access to arguably the most important new asset class for generations - Universal Carbon [UPCO2]. In short, it’s the world's first retail

carbon credit token. “Each Token represents one year-ton of CO2 or equivalent reductions from certified REDD+ voluntary projects in the world's rainforests.” I mean @JpThieriot and his people are frickin geniuses!! Think about this for one minute. What two groups of believers

is difficult to magine bringing together. How about those who believe in the New Green Deal versus those who think it’s a socialist program. But whether you are a strong believer in Climate Control or you believe it’s overblown nonsense, JP and his crew have created a digital

asset in a Carbon Credit that both sides may want to purchase. CAPITALISM MEETS SOCIALISM.

My daughters @OliviaDeaton5 and @jordanmdeaton who, understandably, are more in tune to saving the planet than their Old Man, and I, can come together and save the planet and

MAKE MONEY! @JpThieriot needs to get @AOC on board! The point is that the Digitalization of ALL ASSETS is here. But the US Gov’t is lost. #XRP has been the 3rd Largest Crypto Asset and it’s under attack. SEC v. Ripple is now the most significant enforcement case in history.