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503 sats \ 2 replies \ @OriginalSize 7 Jun 2023
It is a fact. Guess this is when a lot of people are going to learn it.
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442 sats \ 1 reply \ @jk_14 7 Jun 2023
and that's the ultimate argument to eth fanboys:
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100 sats \ 0 replies \ @farhanc60455333 7 Jun 2023 freebie
so nice
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121 sats \ 2 replies \ @ek 7 Jun 2023
good summary of the culture of discussing things on twitter / social media
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0 sats \ 1 reply \ @random_ 7 Jun 2023
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0 sats \ 0 replies \ @ek 8 Jun 2023
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5 sats \ 3 replies \ @ncryppt 7 Jun 2023
Not a controversy, it's a fact!
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0 sats \ 2 replies \ @xz 7 Jun 2023
Oh no, somebody spoke their mind. Controversy. Oh my god.
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0 sats \ 1 reply \ @ncryppt 12 Jun 2023
? lmao i was just making a comment about the title... weird take
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0 sats \ 0 replies \ @xz 13 Jun 2023
Oh I agree. I think the sarcasm is hard to taste..
totally weird and risqué.
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0 sats \ 1 reply \ @siggy47 7 Jun 2023
It's semantics. Of course eth is a security using the Howey test, but that doesn't matter.
If the SEC doesn't want eth to be a security, it's not a security.
They make the rules. Eth can be controlled and co-opted by centralized validators. All you need is lots of fiat. Those validators might eventually be the US and its big banks.
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0 sats \ 0 replies \ @shyfire 7 Jun 2023
Yeah, PoS is aligned with fiat shenanigans.
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0 sats \ 0 replies \ @ssaurel 7 Jun 2023
I wonder who he's being controversial with, because since Ethereum moved to PoS, there's no longer any doubt that ETH is security!
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0 sats \ 0 replies \ @2bithits 7 Jun 2023
It is, not that I care
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0 sats \ 4 replies \ @faithandcredit 7 Jun 2023
Dont fk around with this there can be blow back
for example lets say ETH is deemed a security, then congress makes new regulations, and only cryptos that are considered securities are allowed to be available to the public. so where does that leave BTC?
but also its possible that jack just opines because he was asked, but going out of your way to claim ETH is this and that only gives it publicity and thats what cryptos need first and foremost. so really whats happening is the the beast is being fed :) but lets see
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238 sats \ 0 replies \ @l0k18 7 Jun 2023
"blowback" is just a fancy word for the result of pissing people off. We aren't paid to pander to the cRyPtOcUrReNcY metacult psyop, and nobody listens to us anyway. Facts are facts and it's not like the government isn't already trying to steal your honestly earned resources in more ways than has ever happened before in history. Even "serfs" only had to cough up 10% of their harvest. We are so far beyond that into the twilight zone it should be obvious none of this stands up if the ants realise they epically overwhelm the parasitic crickets...
Anyway, it is an interesting irony that shitcoinery is precisely an example of a byzantine fault, since they don't accurately transmit any reliable signal of their supply - ie, always one moment away from deciding to hard fork and alter the supply to benefit themselves. This is like the order from the general to his 5 armies being mangled in a way such as "put 100% of the soldiers on the eastern flank" when there was one less zero before. Oh, yes, we just made a new rule that we can have even more ways to milk the exit liquidity...
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0 sats \ 0 replies \ @SatoshiNakanodo 7 Jun 2023
Sure, they could make a law that says Bitcoin specifically is illegal. But we know how those types of laws have worked out in the past. Securities are regulated for good reason.
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0 sats \ 1 reply \ @jk_14 7 Jun 2023
...and commodity is allowed to be available to the public by definition
and Gensler said that only Bitcoin is commodity in his opinion and that's why is in the area of CFTC
what is "good for bitcoin" :)
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0 sats \ 0 replies \ @farhanc60455333 7 Jun 2023 freebie
nice
0 sats \ 0 replies \ @farhanc60455333 7 Jun 2023 freebie
hi
0 sats \ 1 reply \ @farhanc60455333 7 Jun 2023 freebie
hi