12 sats \ 5 replies \ @nerd2ninja 8 Jun 2023 \ on: The US banning Exchanges would be great, actually bitcoin
write
preview
10 sats \ 4 replies \ @tomlaies OP 8 Jun 2023
I'm talking about Bitcoin only. The us government doesn't distinguish. It's an irrelevant discussion anyway, the shitcoins won't be here for much longer anyway.
reply
0 sats \ 3 replies \ @nerd2ninja 8 Jun 2023
I think that's just fearmongering from scammers to get us to unite with them. Gary Gensler seems to understand the difference.
reply
50 sats \ 2 replies \ @tomlaies OP 8 Jun 2023
If you read the quote about the Howey test he might actually be onto something. In the eyes of the law the E. foundation should actually not be that different than e.g. Paypal or Robinhood.
reply
100 sats \ 1 reply \ @nerd2ninja 8 Jun 2023
Yes, but that isn't Bitcoin
reply
0 sats \ 0 replies \ @tomlaies OP 8 Jun 2023
Correct. This is exactly what Gensler is saying
reply