SEC Claims All of Ethereum Falls Under US Jurisdiction

SEC Claims All of Ethereum Falls Under US Jurisdiction - Decrypt decrypt.co/110107/sec-ethereum-us-jurisdiction

781 sats \ 20 comments \ @shyfire 20 Sep 2022 bitcoin

310 sats \ 0 replies \ @shyfire OP 20 Sep 2022

Run your node over TOR and I2P. Many threads here on SN about it with good details if you're looking for a place to get started.

540 sats \ 3 replies \ @irusensei 20 Sep 2022

I've been seeing

Bitcoiners rooting for the SEC to fuck over ETH. Ethereans actively working for the congress to fuck over Bitcoin and PoW.

I feel like its a good time to check our premises and priorities. Regardless of what you feel about ETH or the SEC it just feels wrong.

305 sats \ 0 replies \ @scampy 20 Sep 2022

I'm kind of agnostic.

I don't support the actions of the SEC and backing the gov to attack open source software you dislike is gross. The enemy of my enemy is not my friend.

That said, I find it hard to muster the energy to defend Ethereum when it has so willingly put itself into a position where it can be easily pressured and censored. It will never be state resistant and is destined for regulatory capture, and I don't see it as something worth defending.

So I guess for me personally I'm just sitting here on the sidelines with my big bag of popcorn. I'm happy for this to go either way.

61 sats \ 0 replies \ @WaraiOtoko 20 Sep 2022

Using electricity is not a crime, scamming people is. Shitcoiners are not our friends or allies as they have done a lot of damage to bitcoins reputation by pretending that their scams are the same as bitcoin.

10 sats \ 0 replies \ @shyfire OP 20 Sep 2022

Bitcoiners shouldn't be rooting for the SEC on anything IMO. Supporting the SEC violates the intent behind satoshi's message in the genesis block.

Having said that, I also couldn't give two shits if they screw over eth

21 sats \ 1 reply \ @linesgone 20 Sep 2022

SEC is claiming authority not just over Ethereal, but all ERC-20 anything...

110 sats \ 0 replies \ @linesgone 20 Sep 2022

Ethereal = Ethereum (Even my laptop autocorrect refuses to acknowledge ETH)

0 sats \ 0 replies \ @KyleOfTheCorn 21 Sep 2022

While I don't support the SEC's existence, I do find it funny that this is the reason they state Ethereum falls under their jurisdiction and not passing the Howey Test.

0 sats \ 0 replies \ @Ge 21 Sep 2022

Whhhhaaat no way?! Ginsler finally wake up?!

0 sats \ 0 replies \ @picco 20 Sep 2022

SEC may have the power to regulate all aspects of the Ethereum platform if this is true

0 sats \ 0 replies \ @zeRealSchlausKwab 20 Sep 2022

Ironically the SEC and .gov will be the best friends of bitcoiners in the next few years. Everything with a "foundation", any legal entity, an office or any identifiable centralised authority will get their well deserved purge. This is where the uniqueness and true strength of Bitcoin will come to light: resilience against nation state actors.

ALL FUCKING SHITCOINERS MUST FUCKING HANG.

0 sats \ 0 replies \ @botsforcash 20 Sep 2022

So it begins.

11 sats \ 7 replies \ @quest77 20 Sep 2022 outlawed

stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.