Replies to post #12255 on Ripple (XRPUSD)

[WiseYoda]

Regulation will get that case dismissed as its impossible for XRP to ever be or become a security because of its utility. Once regulation gets implemented that case will get dismissed. Per the regulation XRP will either fall under one of the three regulatory agencies: CFTC for Crypto Commodity, FinCen for Crypto Currency, or SEC for Crypto Security. Due to the utility of what XRP does it will fall under FinCen as a Crypto Currency not to mention being fined $750k by them (FinCen) in 2015 for selling the Crypto Currency XRP without a license. Ripple settled with them for $500k. Regulation is the catalyst that changes the entire space....its coming!

[stockvaper]

They don't have as much money, but,

- They don't need as much money in these countries that we do....cost of living is much much lower.

- That's why they need to send money across the country so much. Because the receiver(s) tend not to have money.