The shitcoiners really thought they could just keep pump and dumping unregistered securities forever without the state throwing the hammer down. It’s not that Bitcoiners were cheering for this inevitability, it was just alerting normies of the it. The orange pillers that are now trying to act like this is bad for bitcoin somehow bc the state is mean are just parroting the libertarian nonsense response. It’s just a shame they seem to put ethereum in the same commodity bracket as bitcoin rn. Ethereum is the king of shitcoins. But the result will be what maxis envisioned - bitcoin is the king, everything else is penny stocks. Decentralization is the most important factor. The internet’s money.
Discussion
The gov doesn’t move quickly. The shitcoin scammers got another pump and dump cycle after the 2017 crash bc of it. Also dogecoin was a state attack. Elon is not who orange pillers think he is. The elite doesn’t miss the boat, they move it. All signs are painted towards liftoff. The poors yelling from the cheap seats do not matter. The institutions needed these scams to be addressed before they would deploy capital. It’s all bullish for btc. Sexhaver420 is almost ready to delete his account
I thought the hammer would have came down sooner, but in retrospect that understanding was early lol
