The battle all $XRP holders were waiting for. I’m sure lots of holders will be debating whether to sell off this news... a few

@Ripple and @bgarlinghouse will have anticipated this decision by @SEC_News for years, in which time they’ve built out an extremely experienced exec team who are poised and ready for this legal battle to commence.
@bgarlinghouse has led a great PR narrative over the last year, pressing hard for reg clarity in the US via media and threatening to up sticks and move @Ripple overseas. Have the SEC played into his plan to force regulatory clarity that may not have otherwise came quick enough?
@Ripple has shareholders who will expect certain growth in certain timeframes. Has Brad dangled the right carrot to get their attention by talking about leaving the US? Will this suit get legal clarity for $XRP quicker than waiting for industry wide clarity?
If I can work that out, I’m sure he can.

This isn’t just a small startup, it’s a global company with extremely reputable board members, partners and investors, who will also add pressure to the SEC’s case. Take @yoshitaka_kitao in Japan for example.
Ripple have reacted as any experienced firm would:

Straight to the media with an offensive approach, publicly showing the SEC how ready for the fight they are before the filing even happens > facts based doc published stating all the reasons why $XRP is not a security.
@Ripple have the funds and experience to win this case. As an investor, it’s a clear risk reward question mark that should help you determine whether to sell.
Win = $XRP is likely to start dominating the market based on the value it’s used case brings, in turn price goes way higher.

Lose = $XRP drops hard in short term, @Ripple get fined, but then grow their business outside of the US where regulation already permits.
I can’t help but agree this is a last minute ego fluffing move from @SEC_News Jay Clayton, showing abysmal leadership as he’s half way out the door. I’m sure the next chairman will thank him for leaving this one behind.
As a long term holder I’ll continue to hold, as everything I’ve invested I can afford to lose, and have faith that @Ripple will get the outcome they deserve. If you’re worried about losing the money you invested, the risk may be too much to stomach. $XRP
@digitalassetbuy @XRP_OWL @Kevin_Cage_

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1/“What would need to be true for you to….X”

Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?

A thread, co-written by @deanmbrody:


2/ First, “X” could be lots of things. Examples: What would need to be true for you to

- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal

3/ Normally, we aren’t that direct. Example from startup/VC land:

Founders leave VC meetings thinking that every VC will invest, but they rarely do.

Worse over, the founders don’t know what they need to do in order to be fundable.

4/ So why should you ask the magic Q?

To get clarity.

You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.

It also holds them (mentally) accountable once the thing they need becomes true.

5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”

Multiple responses to this question are likely to deliver a positive result.