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Some #bitcoin #btc maxis wetting themselves over Gensler’s recent remarks regarding “securities” is cringe.

The SEC is not your friend. It’s not a friend of consumers or the free market. We do not want unelected bureaucrats telling us what is “good” or “bad.” Individuals should determine for themselves how they allocate their own resources.

Applauding the autocratic SEC for picking winners and losers is perilous. Be careful what you ask for.

#monero #xmr

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Discussion

Brick 2y ago

I don't think any of us are cheering the sec. We are laughing because the sec is unable to do this to bitcoiners.

hopfield 2y ago

Perhaps you aren’t, but some podcasts I listened to this week have been embarrassing.

Brick 2y ago

Also, you can stop the hashtags, they hold no power here.

hopfield 2y ago

Hashtags have been working fine for me. But thanks for the tip.