EddieJayonCrypto

 14 Nov 23

tl;dr

I am annoyed that so many people were taken with that XRP ETF scam. Here is what is on my mind today.1. A crafty person was able to enter paperwork in Delaware that made it seem as if BlackRock was filing for an XRP ETF. I work very hard to not just deliver news I think matters but to also share wit...

I am annoyed that so many people were taken with that XRP ETF scam. Here is what is on my mind today.

1. A crafty person was able to enter paperwork in Delaware that made it seem as if BlackRock was filing for an XRP ETF. I work very hard to not just deliver news I think matters but to also share with you how I do my research. I need you to contemplate just how many news outlets would have picked up on this. They didn't. The knew it was bogus. Then a known crypto player made the call to BlackRock and was told it was fake. What I am focused on is how was that able to happen? How were the fictitious documents able to be filed. Believe me when I tell you that someone knew exactly what they were doing and they probably mad a ton of money. Be careful out there. Do your own research and search for corroborating evidence!

2. On the upside, XRP Ledger is moving forward with plans to introduce NFTs. Most people would think this is going to be a major step toward implementing what we know about NFTs. I think there is a more commercial use case and this is why the amendments and upgrades are moving forward. Frankly, I think it is about time, but I am looking forward to seeing when it is implemented and what use cases we will see. I am thinking fractional ownership is pretty high up on the list.

3. Let's get into what could be only a kick down the road with this two-stage house bill being put forward. I don't care about who is putting it forward. The fact is that the longest the plan will last is until February 1st. How pathetic is it that they can't even create a budget that will last least one year? This is why I invest and teach my kids the same. The government is normalizing shutdowns. Think about that.

4. Ryan Wyatt is the former President of Polygon Labs. I reported back in July that he taking a step back. He just posted an awesome tweet with an image of John Wick with the caption: Yeah I'm thinking I'm back. Where is he landing? He is not headed back to Polygon, that's for sure. That ship has sailed. He is going to Optimism and joining as their Chief Growth Officer. This kind of move tells me his departure from Polygon was not necessarily a joyous event. I mean to jump to what could easily be said is your largest competitor says a lot.

5. Popular crypto news site The Block was on the block and now it is not. Foresight Ventures has just snatched up the news site for $50M. This is following a major scandal with their former CEO who allegedly had accepted undisclosed loans from Alameda Research. I like that site and wish that team a good future.

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