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540 sats \ 3 replies \ @irusensei 20 Sep 2022 \ on: SEC Claims All of Ethereum Falls Under US Jurisdiction - Decrypt bitcoin
I've been seeing
I feel like its a good time to check our premises and priorities. Regardless of what you feel about ETH or the SEC it just feels wrong.
I'm kind of agnostic.
I don't support the actions of the SEC and backing the gov to attack open source software you dislike is gross. The enemy of my enemy is not my friend.
That said, I find it hard to muster the energy to defend Ethereum when it has so willingly put itself into a position where it can be easily pressured and censored. It will never be state resistant and is destined for regulatory capture, and I don't see it as something worth defending.
So I guess for me personally I'm just sitting here on the sidelines with my big bag of popcorn. I'm happy for this to go either way.
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Using electricity is not a crime, scamming people is. Shitcoiners are not our friends or allies as they have done a lot of damage to bitcoins reputation by pretending that their scams are the same as bitcoin.
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Bitcoiners shouldn't be rooting for the SEC on anything IMO. Supporting the SEC violates the intent behind satoshi's message in the genesis block.
Having said that, I also couldn't give two shits if they screw over eth
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