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Topic: No Wonder Satoshi Disappeared... - page 3. (Read 493 times)

legendary
Activity: 1904
Merit: 1074
November 07, 2019, 12:48:37 PM
#5
'In a suit, the plaintiff accused the company of breaching securities guidelines by issuing XRP monthly in sales to the public with promises of gain.'

Is there any truth to that? If that's declared to be the case then they're in for quite the ride.

No one's ever been able to explain to me how the fuck XRP ever snuck into the crypto market in the first place. Almost everything about it is the very antithesis of it.

As for Satoshi's disappearance, beyond its creation it's the wisest act he ever carried out. It's one of the reasons BTC will remain the gold standard.

They did not snuck in, they just started offering people FREE Ripple for their Facebook identity and a lot of gullible people fell for that offer and

linked their real identity to those tokens. So from the start, Ripple went out to destroy anonymity and to bend over to the regulatory authorities

to get traction in the market. They even went to the Banks and begged them to use Ripple.  Roll Eyes
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
November 07, 2019, 12:33:18 PM
#4
'In a suit, the plaintiff accused the company of breaching securities guidelines by issuing XRP monthly in sales to the public with promises of gain.'

Is there any truth to that? If that's declared to be the case then they're in for quite the ride.

No one's ever been able to explain to me how the fuck XRP ever snuck into the crypto market in the first place. Almost everything about it is the very antithesis of it.

As for Satoshi's disappearance, beyond its creation it's the wisest act he ever carried out. It's one of the reasons BTC will remain the gold standard.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
November 07, 2019, 12:17:35 PM
#3
BTC: is generated through mining, and can by mined by anyone(with the right hardware).
XRP: the total supply is already generated, and is slowly distributed by Ripple, the company. Basically created out of thin air. And they hold majority of the total supply.

See the huge difference there? Though I'm not saying Satoshi disappearing is a bad idea. It's definitely for the good for him, and for Bitcoin in general.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
November 07, 2019, 10:23:25 AM
#2
Money is big business.

Ripple is literally a business, though.  It's not a valid comparison with BTC and satoshi.  Bitcoin isn't an entity that can be sued for giving investors fraudulent advice.  Ripple is. 
full member
Activity: 369
Merit: 100
Crypto and blockchain writing service
November 07, 2019, 08:55:28 AM
#1
Decentralized. Easy to Send and receive. Valuable. These are some of the things we may take for granted. Think of what others who didn't have the foresight may go through in future. Crypto is money. Money is big business. No wonder Satoshi disappeared.
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