ETHEREUM IS AND ALWAYS WAS AN UNLICENSED UNREGISTERED SECURITY.

Welcome to law.

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Securities laws are and have always been stupid.

Wrong.

I'd prefer economic activity be between peers without the government being involved. What value does the government bring in restricting economic freedom?

Try trading in unregulated markets and find out.

Like Bitcoin? I've quite enjoyed not asking any permission for that.

If a market or investment can't provide adequate self regulation then it's probably not an investment worth deep funding. Just because a government agency stamps something doesn't really improve that other than feeding normies the wrong impression about risks.

You are confusing markets with assets.

Trading bitcoin is mostly done in regulated markets on regulated exchanges.

Trading anything on an unregulated exchange in an unregulated market is suicide, this is common sense.

Bitcoin is certainly an asset that's not regulated nor is the market regulated unless you're looking at a minority of centralized exchanges or the ETFs. There may still be some archaic laws on value transfer but Bitcoin certainly could care less about enforcing those as a standard.

Bisq and RoboSats would also likely disagree that unregulated exchanges are suicide. They seem to service their market well without need for state sponsorship.

Regardless I still stand that state sponsorship or regulations on how money can be moved between free participants do anyhing to make assets any safer. GameStop holders would likely be questioning where their protections were when the market makers didn't like the way things worked in their regulated market.

There are regulated exchanges and markets for bitcoin all around the world and the volume is certainly not a "minority", the decentralized exchange volume like Bisq and the like in comparison is minuscule.

Regulated markets have the most volume for a reason.

Also literally no one said bitcoin itself cared about law.

Mining pools could be required to not include transactions that were not initiated by a Virtual Asset Service Provider like a CEX .

Interstate hwy system pretty great

What happened ?