I detest HEX and Richard Heart as much as the next guy but for fucks sake people stop cheering on the SEC. They are not your fucking friend.
Discussion
People see them like the police. Wanted when needed, but otherwise feel better when they are not around.
I guess that depends on your attitude towards police but I get what your saying.
I disagree from a purely intellectual standpoint,
Bitcoin was built to be out of the scope / reach of the SEC.
The rest of founder built public sales of "value" are subject to the SEC & securities law.
This was part of the thesis as to why having true decentralization ethos / tactics from the start is necessary for any decentralized system to actually be... decentralized.
You can't use fake marketing & then expect me to not want you to go down - if the SEC didn't exist - something else would, for the sole purpose of taking down con artists.
Very human in it's action with all these outright Ponzi schemes.
They're getting off easy too,
Historically they'd probably be hung on the gallows...or 🍆 chopped off made into a unic.
I guess first off i'm going to say thank you for making me need to step back and think before i replied off the cuff and sounded like a total twat. Ive had on some thick blinders it seems recently.
Ill agree that in our current system, whether it was the SEC or some other body, yeah, something needed to take him down.
I guess my frustration comes from that just becasue the SEC did one arguably drcent thing, does not mean they are "on our side" the SEC is ultimately our (bitcoiners) enemy. At least if we are moving twords a future where fiat dies. It just seems short sighted. I dunno.
Lately my anti state tendancys have been cranked to 11 and any cheering of some goverment action irks me.
Doesn’t matter who you cheer. Bitcoin is for everyone, most especially the ones that don’t want to see it survive.
The enemy of my enemy…is still my enemy.