Yeah I still don't buy the clarity line that the crypto people love to parrot. There was clarity, they just didn't like it because it would cost them a lot of money and not allow them to abuse retail investors. I have always said, if they didn't like the existing laws I have no problem with lobbying to change them, if they don't like the SEC and want to abolish it, then lobby to do that to. No problem. I do however have a problem with scammers and fraudsters using a "lack of clarity" as an excuse to not follow the rules everyone else is required to follow.

The crypto industry is a net negative for humanity. Nothing of value has come out of it that requires a blockchain. And now some of the worst people on the planet will get a free pass. Fortunately eventually crypto will just collapse into the dust bin of history but in the meantime we have to watch terrible humans enrich themselves exploiting others and dragging an honest project like Bitcoin down with them.

I am not trying to be an intolerant bitcoin maxi here where everything besides bitcoin is shit because I said so. I am open to the idea that something positive could come out of digital assets besides bitcoin and there are some nice ideas but nothing has yet because the incentive structure is totally fucked. Even eth people have been talking about this lately. The incentive structure is so skewed to try and get rich quick instead of building something valuable and sustainable. From what I have seen out of crypto, I don't know how any bitcoiner, who believes in the promise of Bitcoin as a tool for good and not just number go up, could possibly not be anticrypto.