You guys are bitcoin maximalists, it's understandable that you hate CZ, but if you're in favor of the SEC it's actually a bit confusing. Supporting the SEC is no different from helping the government regulate the cryptocurrency market, and bitcoin is a part of that.
And yet I didn't see you protesting about the fact that Bukele has never released proof of his Bitcoin buyouts, never protested against a centralized wallet requiring KYC, never protested about the government in control of your cryptos, and I know it already why because that was good for the price!!!
That's the difference between having some moral standards and doesn't use doubles ones depending on the APY involved.
You're protecting CZ and Binance, a centralized entity that has no room in the original Satoshi world just because...it's against the government.
Did you also cheer on FTX and SBF breaking every government rule also? Guess not!
So, who should I support, the guy saying this:
“We don’t know who Satoshi Nakamoto is yet, who she, or he, or they, were. It’s a field built off of sort of a concept to not use centralization even though finance since antiquity tended toward centralization. To be decentralized, lack of authorities, anti-commercial bank, anti-central bank, a worldwide off-the-grid approach. And yet it very much relies on the law when they go bankrupt and they’re in bankruptcy court. And you know what we’ve seen.”
Or a piece of shit that has only one purpose, of replacing every decentralized coin with one of his Binance coin?
It should also not be forgotten that SEC executives have repeatedly spoken positively about the SBDC. And SBDC is a direct competitor to Bitcoin.
When?“We don’t need more digital currency… we already have digital currency, it’s called the U.S. dollar,” Gensler said.