reply on: SEC Claims All of Ethereum Falls Under US Jurisdiction

540 sats \ 3 replies \ @irusensei 20 Sep 2022 \ on: SEC Claims All of Ethereum Falls Under US Jurisdiction - Decrypt bitcoin

I've been seeing

Bitcoiners rooting for the SEC to fuck over ETH. Ethereans actively working for the congress to fuck over Bitcoin and PoW.

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.

305 sats \ 0 replies \ @scampy 20 Sep 2022

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.

61 sats \ 0 replies \ @WaraiOtoko 20 Sep 2022

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.

10 sats \ 0 replies \ @shyfire OP 20 Sep 2022

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