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Alias Born | 03/06/2007 |
Wednesday, June 13, 2018 9:38:03 AM
Coinbase has applied for a banking and brokerage license with the SEC. What this means, when they are approved, is that every coin listed on the exchange will be considered a security and will be regulated as such.
What I'm getting at... XRP is already compliant with regulations around the world and when Coinbase gets its licensing confirmed THEN it will list Ripple/XRP as the security that it and all other Cryptos are/will be designated as. Regulation is coming to Crypto and XRP is way out in front, leading the pack. And there will be hundreds of Cryptos that get swallowed up or disappear when this happens. XRP will not be one of them.
Also, one other thing I learned and still learning about. Decentralization has to do with the number of nodes each Crypto has. XRP has hundreds where as most of the other major Cryptos have a handful or few dozen. It's why XRP is almost impossible to hack. Interesting.
As I was going up the stair, I met a man that wasn't there. He wasn't there again today. I wish to God he'd go away.
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