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12 sats \ 5 replies \ @nerd2ninja 8 Jun 2023 \ on: The US banning Exchanges would be great, actually bitcoin
https://preview.redd.it/0pmgr39xws4b1.png?width=640&crop=smart&auto=webp&v=enabled&s=ff75e02fb1c7a0fa6d489871c616788fd4d93340
I'm talking about Bitcoin only. The us government doesn't distinguish. It's an irrelevant discussion anyway, the shitcoins won't be here for much longer anyway.
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I think that's just fearmongering from scammers to get us to unite with them. Gary Gensler seems to understand the difference.
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If you read the quote about the Howey test he might actually be onto something. In the eyes of the law the E. foundation should actually not be that different than e.g. Paypal or Robinhood.
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Yes, but that isn't Bitcoin
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Correct. This is exactly what Gensler is saying
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