I was one of the LBRY testers that told them to hold off for lightning... I told their project lead himself what to expect, both from bitcoiners who would shun his whole platform to regulators who might see their shitcoin as a security... Way back in 2017, but greed prevailed, apparently.

The app itself was quite revolutionary like a P2P youtube that is easily monetized... I'd use it today if not for their selfish idea to sling shitcoins.

Are there any lightning devs out there interested in forking this for bitcoiners?

I wonder how loud the voice in Vitalik's head is that asks the question: "What is the probability that I go to jail?"

Yep, it's a cbdc at this point.

I had the same thought until I remembered that Ripple was targeted earlier. Ripple only aspired to being an efficient clearinghouse -- a far cry from helping freedom.

I don't have a theory that explains the SEC's targets so far. So many altcoins are obviously unregistered securities, so they would be trivial for the SEC to prosecute and win. They could squash a hundred in a year and tell Congress, "look at all the fraudsters we put in jail, we need a lot more money to prosecute the rest of them in a timely manner." But they haven't done that so far.

Maybe the SEC won't have to do any of that. Maybe the takedown of LBRY will spook shitcoiners and the cryptocurrency market will shrink to a few non-premined currencies.

Yeah... And then you have the CFTC claiming ETH is a commodity, it will be interesting to see who wins that fight.