Why even bother with shitcoins, they are all centralized, scam/shady, and SEC/Gov can controll and ban them. We even got NFTs on Bitcoin. Why are there still people using shitcoins? Bitcoin is superior in every metric.

I wonder how this affects staking will it just move for people to do it on-chain and not use 3rd parties or will the normies cut their losses and just hold their coins so they can be diluted by an even smaller set of stakers

Time to wake up and buy bitcoin but I have no hope for these people

See also another post, found here on SN, with the press release from the SEC:

SEC Complaint Against Kraken #133893 https://www.sec.gov/litigation/complaints/2023/comp-pr2023-25.pdf