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Thursday, 06/13/2024 1:55:04 PM

Thursday, June 13, 2024 1:55:04 PM

Post# of 36193
Great, Toncoin flipping XRP is looking very inevitable. Just like the way it was last year with Solana. Wish I had got more when it was below 7 bucks.

Every time I see a positive post about this ecosystem, and the token keeps sliding, I am reminded that holding XRP is not equivalent to holding a share in Ripple. In other words, we didn't need a court case and a judge to tell us what we already knew: XRP is not a security. You want to invest in Ripple, you can use Linqto (mentioned in an earlier post). You'll need to be an accredited investor, or maybe become a Financial Advisor. (I think Crypto Eri had links to a course last year to do that.)

Speaking of YouTube influencers, with the exception of the level-headed Eri, I don't know who is worse: all the crypto channels that either dismiss XRP as a matter of course or decry the tokenomics, or the pumpers who make ridiculous pie-in-the-sky price predictions. I'm sorry, at this point, even $10 sounds like complete nonsense. Such a 20x would put it above ETH's current market cap. And, as I mentioned before, UP the market cap list is not the direction we seem to be going.

I just noticed the price of Warner Bros. Discovery. One TON is now worth more than a share of WBD. And they already have them beat on market cap. Not sure that is any consolation. Just saying... it's a new world (with a lot of the worst vestiges from the old still hanging in there). Speaking of which, I have sometimes thought that holding XRP was a hedge against nefarious types like the IMF and WEF. Now we are adding BRICS to that mix? Not sure how I feel about that.

Conversation overheard in a swamp:
"I like your coat."
"This old thing? It's just a standard coat. Although it is double-breasted, so I guess that
makes it a double standard."
"Where can I find a double standard like that?"
"Any Banana Republic."

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