I wholeheartedly support this - Politicians have repeatedly interfered with Bitcoin in the last few years. Organizing to make life difficult for them in turn is what a healthy democracy looks like.
W.r.t Gensler only being a problem for "crypto" - Sorry you're completely wrong about this. First of all SEC fought Bitcoin ETF:s every step of the way - Along that time they repeatedly described Bitcoin as a scam only used for criminals. Gensler is not a Bitcoiner, he's a nocoiner. If it was up to him we'd have no ETF:s and no options trading on these ETF:s. They only approved ETF:s because they lost a court case against Grayscale. Could we fight a hostile SEC for everything? Sure, maybe. But I'd rather get the SEC out of the way altogether if I can.
I would also say that regardless of your opinion on "crypto", Bitcoin and crypto are regulated together in practice. And I would much rather have pro-crypto politicians than anti-crypto ones. Molly White has the opposite preference - She's a self described "crypto critic", I.E a rapid nocoiner and statist. She's much more of an enemy of Bitcoin than anybody working at Coinbase is.
DireMunchkin
npub1mx…kkyq5
2024-11-23 21:31:50
in reply to nevent1q…5x97
Author Public Key
npub1mxrt3fyvaay4plrz7lwzurf80jjs2atmt2nn7z2ekgr9necl0jkqekkyq5Published at
2024-11-23 21:31:50Event JSON
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"content": "I wholeheartedly support this - Politicians have repeatedly interfered with Bitcoin in the last few years. Organizing to make life difficult for them in turn is what a healthy democracy looks like.\n\nW.r.t Gensler only being a problem for \"crypto\" - Sorry you're completely wrong about this. First of all SEC fought Bitcoin ETF:s every step of the way - Along that time they repeatedly described Bitcoin as a scam only used for criminals. Gensler is not a Bitcoiner, he's a nocoiner. If it was up to him we'd have no ETF:s and no options trading on these ETF:s. They only approved ETF:s because they lost a court case against Grayscale. Could we fight a hostile SEC for everything? Sure, maybe. But I'd rather get the SEC out of the way altogether if I can.\n\nI would also say that regardless of your opinion on \"crypto\", Bitcoin and crypto are regulated together in practice. And I would much rather have pro-crypto politicians than anti-crypto ones. Molly White has the opposite preference - She's a self described \"crypto critic\", I.E a rapid nocoiner and statist. She's much more of an enemy of Bitcoin than anybody working at Coinbase is.",
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