I have insider sources that work at PBC/are closely involved. The coin tonight is going to be Ripple, but he'll also talk about another privacy coin (but won't name it). Proof? Here's some script of the webinar for the next few minutes:
Bob: What would this do to Bitcoin’s price?
Teeka: It will send it soaring.
We know this because it’s happened before.
Back in 2015, a Swedish man wanted to start a Bitcoin exchange but was unsure of the tax implications.
Would he take a beating every time he made a purchase in Bitcoin?
So he asked the courts, and the courts ruled in favor of Bitcoin. They granted Bitcoin tax exemption status.
This was big news at the time.
There were a lot of headlines about it, and it sent Bitcoin soaring.
Within two weeks, Bitcoin jumped 80%.
Bob: So let’s see, at today’s prices, that would send Bitcoin well over $10,000.
Teeka: I think that’s our low-end estimate, Bob. Remember, the U.S. is a much bigger market. I wouldn’t be surprised to see a jump twice that big.
Bob: And what about other lesser-known cryptos? I assume they would benefit from this as well.
Teeka: Absolutely. They could soar much higher than Bitcoin.
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Anyways, here's something I'll give you free: Buy Request.