To be fair, he is not "against centralized shitcoins" and is not pro-Bitcoin. He is against cryptocurrencies, full stop.
To be fair you haven't provided anything to back up your claim other than what you persoanlly think of the said person!
Being against exchanges that are trying to bypass every regulation, that play around with people's money, shady ICOs that run with user funds and ETF is not being against Bitcoin, it's actually following Bitcoin's whitepaper by the book.
Remember?
- not your keys, not your coins
- remove the third party from a transaction
- no IOU promises instead of real coins in your own wallet.
I can't understand how someone who is against thinks that do exactly the above these but on the other hand claims that Bitcoin is the only true decentralized currency against Bitcoin.
Moreover, you're telling me that an advisor at MIT who held courses entitled:
Blockchain And Money
This course is for students wishing to explore blockchain technology’s potential use—by entrepreneurs and incumbents—to change the world of money and finance. The course begins with a review of Bitcoin and an understanding of the commercial, technical, and public policy fundamentals of blockchain technology, distributed ledgers, and smart contracts. The class then continues on to current and potential blockchain applications in the financial sector.
which
you can download from here or even watch on youtube was doing so for years promoting bitcoin and blockchain solutions to his students and taking questions and debunking myths about time settlements, transactions costs, decentralization and so on just because his hidden agenda was to...what? Tax the hell out of shitcoins and exchanges that print money and offer them to newbies only to let them devalue one month later and then start a new hype?
So let me spell it again: All this is BULLSHIT!
This guy has promoted bitcoin and blockchain more than 99.9% of this board has ever done but for some weird conspiracy theory, he must be evil just because he's the chairman of the SEC.
Bitcoiners persecution complex at its finest. Government bad and wants to kill Bitcoin! But Bitcoin is brave and strong and is defeating the government! And of course people here don't read the article, but get outraged by the bad government man that hates Bitcoin.
We need an enemy! Because not everything is going to plan and you can't invest 1$ today and get 10 trillion tomorrow we need somebody to blame, and of course, is the evil gubbermint! The lower the understanding about the basic economy and the deeper the frustration from its own failure the higher the need to find a culprit that is to blame, an all-powerful entity who has nothing better than sabotage this, but of course, at the same time this all-powerful being that controls everything will be brought down by somebody buying 10$ of coins.
The whole thing is so frustrating I can't even describe how much I'm willing to curse everything right now
- Saylor said Bitcoin is a Ponzi scheme, then when he smelled the $ invested millions of other people's money just for profit and he's the hero of the community
- Gensler held course about Bitcoin for years in front of MIT students, not Twitter clappers, but because he is now the chairman of the SEC he is the evilest person in the world
Seriously, f^&%^&% this shit!