Listen to the show
Watch the show

Show Summary

- Ripple XRP and Gary Gensler: The resignation of Gary Gensler and whether he was good for crypto. They also question whether Chairman Gensler was more concerned with protecting customers' accounts or protecting himself from accountability.
- Bitcoin's impact on the market: How Bitcoin's movement affects the entire digital asset market, and how institutional investors tend to focus on Bitcoin first before looking at other assets. They also discuss the FOMO effect and how it can spike the market.
- Ripple vs Swift: Ripple is taking on Swift, which has controlled the marketplace since 1974.
- Crypto Legislation: More bills are being presented in front of Congress than ever before, paving the way for regulatory clarity.
- SEC vs Ripple: The SEC case against Ripple was a political landmine planted by Jay Clayton on his way out of the SEC.
- China and BRICS: China's developments and conversations around BRICS may cause a drop in the dollarization of the world.
- Tax Preparation: The Biden administration will require crypto brokers to provide a new form 1099-D to assist with tax preparation.
- Crypto Scams: Crypto scams are ramping up on Facebook, so be careful not to click anything suspicious.
- Bitcoin Creator: Who created Bitcoin and who's behind it, but it's important to understand its control over the market.
- Meeting Location: There is speculation about why Ripple chose New York City as their meeting location.
- Turkey's stable coin: Turkey is creating a stable coin that is indexed to Turkish Lira to prepare for the upcoming financial revolution and to create equal opportunity for everyone.
- Chinese court recognizes virtual assets as legal property: The economic attributes of virtual assets have been recognized, leading to their classification as property in China.

Links to Articles We Discuss
Another day, another thread about the #XRPL AMM - #XLS30!
— Panos 🔺 {X} 🪝 (@panosmek) August 31, 2023
Today, we are going to talk about the role of AMMs in the multi-trillion dollar FX market and how you can make money on XRPL as a FX liquidity provider with minimal risk without using your XRP 🧵1/14 pic.twitter.com/kJDLq89hDv
I'm super excited to announce @AnodosFinance and finally become a builder in this industry, and especially in the #XRPL ecosystem.
— Panos 🔺 {X} 🪝 (@panosmek) September 1, 2023
Together with @WinchesterXRP we are founding Anodos with the goal to simplify the complex world of crypto and DeFi. pic.twitter.com/kV031aBT3D
Chair Gensler's agenda exceeds the SEC's statutory authority and threatens the dominance of U.S. capital markets.
— Financial Services GOP (@FinancialCmte) September 1, 2023
The @SECgov is pushing significant rules with paltry economic analysis and little understanding of the comprehensive impact of its proposals.https://t.co/j9xsBCGuaC
Ripple gave notice to the Court that if the SEC is given leave to appeal it will seek to cross appeal on institutional sales. It also made it clear it will defend any attempt to treat post complaint sales to ODL customers as investment contracts.This case as so much further to go pic.twitter.com/9MHC3fUUQa
— bill morgan (@Belisarius2020) September 1, 2023
Very interesting that @iampaulgrewal uses the word hypocrisy. Judge Netburn used the same word to describe the SEC’s inconsistent positions as well. https://t.co/RFIEsT4fS4
— John E Deaton (@JohnEDeaton1) September 2, 2023
Ripple starts off vicious with the Youngers case (screenshotted on the right).
— Jeremy Hogan (@attorneyjeremy1) September 1, 2023
The case says that the issue to be appealed must be one of "pure law."
And the SEC has an issue that's part Bloodhound, a little Chihuahua and half Mutt.
It's a high hurdle to jump over for the SEC. https://t.co/PoAdEIE5Eh pic.twitter.com/ngG0pCF551
My favorite too. I have being banging on about the SEC comment that XRP has no inherent value all week. Glad the Ripple attorneys addressed it. No such finding by the judge, not relevant to the Howey test anyway, and irrelevant to whether XRP use gives it value, which it does. https://t.co/tAOuYPspfp pic.twitter.com/Yz7EVpj5oX
— bill morgan (@Belisarius2020) September 2, 2023
Ripple just filed its opposition to the SEC’s request for an interlocutory (interim) appeal. Worth a read IMO, especially the footnotes 😁. Fn. 5 is one of my personal favorites. https://t.co/E6ZSbShPwy
— Stuart Alderoty (@s_alderoty) September 1, 2023
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Ripple files it’s opposition to the SEC’s Motion to Certify Interlocutory Appeal. https://t.co/iVZheMQsJZ
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) September 1, 2023
Recent @Ripple Webinar:
— 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) September 2, 2023
We'll hold pieces of Rembrandt & have our toes in a Chinese company, with no need for cash, only exchange liquid #tokenized assets.
Using an AMM (coming #XRPL) we're more than just buyers & sellers but engage in pools to extract value from tokenized… pic.twitter.com/GhxiJ4E7BO
One of the Smartest people in the space.. #Web3 #Ripple #XRP pic.twitter.com/5Cl5PlJIAF
— RIZ.XRP ☀️ (@RizXRP) September 1, 2023

