norm laro
6.3K posts


A BULLISH START TO THE WEEK FOR $XRP...
After seeing a full $55.4 million in net inflows across last week, spot @Ripple ETFs have already recorded a $3 million net inflows yesterday, on April 20.
The five products now hold some 1.22% of $XRP's supply, and have not seen a day of net outflows since April 9.
@Bitwise leads the $XRP ETF race with a current AUM of around $417 million.
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Ripple pays its bills by dumping 300 MILLION XRP on its own holders
When XRP launched in 2012, 100 BILLION tokens were created at once, all at genesis
The founders kept 20 billion for themselves and gave the other 80 billion to the company
In December 2017, Ripple locked 55 billion XRP into smart contracts so they couldn't just dump the supply whenever they wanted
That escrow releases 1 billion XRP every single month on the 1st, automatically, with zero human intervention required
Ripple typically relocks 70 to 80% back into new escrow contracts and they keep the rest, which is roughly 200 to 300 million XRP, to fund the entire company
At XRP's current price, 300 million tokens is $400 million, every single month
Ripple's CEO Brad Garlinghouse told the Financial Times directly that the company "would not be profitable or cash flow positive without selling XRP." The CEO himself admitted the entire company runs on dumping its own token
Ripple paid MoneyGram over 61 million dollars in "market development fees" to use XRP
MoneyGram then told reporters: "We sell XRP as soon as we receive it because we don't hold any XRP"
Ripple pays partners in XRP, the partners dump it on the market immediately, and Ripple announces it as adoption
The SEC called this out in their own complaint
They wrote that MoneyGram "became yet another conduit for Ripple's unregistered XRP sales into the market, with Ripple receiving the added benefit that it could tout its inorganic XRP use and trading volume"
The co founder who left, Jed McCaleb, kept 9 billion XRP on his way out, spent 8 years dumping from a wallet the community named 'Tacostand,' and walked away with 3.2 billion dollars. Ripple had to sue him just to slow the sales down
The bull case for the last decade has been "banks are coming"
Bank of America, Santander, PNC, American Express, and JPMorgan all partnered with Ripple. None of them actually use XRP
They use Ripple's messaging software without ever touching the token
Ripple still holds around 39 billion XRP in escrow, roughly 39% of total supply
Every holder of XRP is being slowly diluted by the company itself, by design, on a monthly schedule that's written into the blockchain
XRP is now down 6 consecutive months
A big reason is that every month, a new batch of supply hits the market from the same wallet, and everyone knows it's coming
The company that fought the SEC for 5 years and won is funded almost entirely by printing its own token and selling it to the people who believe in it


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@BohemianAtmosp1 Eating fruit dipped in pesticide... how to demonize real food... better eat Mcnuggets!
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@Youngsixtus @BorrachinhaMMA If there's only one fight on his contract they wont give him a title shot
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@BorrachinhaMMA Training like that and still one fight left on the contract... UFC better pay up for the title shot.
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WHAT THE FUGGGGGGGGGGGGGGG
THE FEDERAL RESERVE JUST ANNOUNCED THEY'RE NOW PARTNERED WITH 1,700 ENTITIES
THE SAME NUMBER OF NDAs REPORTED IN THE RIPPLE LAWSUIT
👀👀👀👀👀👀👀👀👀👀👀👀👀👀


Bird@Bird_XRPL
What did I say about 1700?
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@COOLBREEZE_____ @grok what’s this about, who benefits, and what’s the implications?
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@Josh_HokitUFC Shut up Jiri.. You fucked up, its done, you cant change it. So cope with it without excuses and give us a break with the whining
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He was never a 100%… The Down Vato broke him the week of the fight…
Championship Rounds@ChampRDS
Jiri Prochazka says he was only at 40-50% after Carlos Ulberg injured his knee “From the moment that happened to him, I wasn’t at 100% anymore. I was just sparring and waiting for the referee to stop the fight at any moment.” (via @jiri_bjp)
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@denni_____ @BGatesIsaPyscho Yeah yeah.. put a microchip in your kids, its only in case they get kidnapped...
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@BGatesIsaPyscho It's only limiting excessive commuting for pollution. Also security measure to keep terrorists and illegals out, not keep people in.
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🚨🇬🇧 Oxford, UK will be the first ever Official WEF 15 Minute City
The zones have already been drawn up, roads closed off, barriers installed, AI driver surveillance cameras are up.
Residence have already been asked to apply for their permits to leave their zone.
Seriously, this is happening.



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SHOCK VIDEO: Watch Rachel Maddow Tell Her Viewers To Take A Deadly Experimental mRNA Shot, And Then Call For Alex Jones To Be Taken Off The Air For Selling Omega-3 Fish Oil!
In This Must-Watch Report, Rachel Maddow Lies To Her Viewers Again By Falsely Claiming That The Bloomberg-Backed Onion Has Successfully Taken Over Infowars
Alex Jones Breaks Down Her Lies One By One!
🔴WATCH/SHARE THE LIVE ALEX JONES SHOW NOW:
x.com/i/broadcasts/1…
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@TheMarcitect @deepwebslinger Yeah looks more like laser than anything else
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@deepwebslinger It looks like someone playing with a giant laser pointer from above. Most likely satellite DEW test for bluebeam.
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