* mETH pumps on the news *

https://twitter.com/realselvam/status/1629631742431887360?s=46&t=DD8sg0I5EjZrtMV-4UJ0sg

On one hand great news, on the other hand - who cares about SEC? 😀

I would not be surprised if he bought the dip before saying it 😂

#Bitcoin only

Unregistered Shitcoin

security ⚡️

Bitcoin doesn’t care what Gary Gensler says or thinks

He's been pretty clear about it for quite awhile. Even in the Blockchain class he taught at MIT, that can be watched on YouTube, he was saying this. I'm not sure why so many are surprised he's going after shit coins.

Gary seems like an enemy who sweet talks bitcoiners [for now].

Net positive for BTC

Couldn’t find Vitalik on Twitter 🕵🏻‍♂️ Vitalik are you here?

Do you think RIPPLE loses the lawsuit?

He has been telegraphing this crackdown on crypto pretty much since he gave his MIT course

Ok so why then didn’t he crack down on them ?

The ultimate litmus test for “crypto” may not even be the SEC, but the market itself. Gary may very well be providing a warning for the public. Interestingly, Gold (a commodity) started to increase in March of 2007, prior to the official recession, December 2007. 🤔

Are hard-forks of Bitcoin securities? If so, when does the hard fork become a security? Do you buy a Bitcoin commodity, then sell a hard-forked security (while still hodling your original commodity purchase) ?