Why Chair Gensler refuses to say whether ethereum is a security or a commodity, during today's hearing in Congres:

He knows that, according to their own laws and regulations, ethereum is a security de facto, but can't say that, because that means that 99% of the other shitcoins are securities too and they haven't done their work right to regulate them.

It also means that #Bitcoin will be the obvious one to store value in and will pull in way more money from companies and wall street.

That would make the dollar weaker and thus the regulators eventually obsolete.

Don't worry, this will happen anyway. 😁