Heavily armed clown on Nostr: On the topic of the SEC suing binance... Not all laws are inherently bad or immoral ...

On the topic of the SEC suing binance...

Not all laws are inherently bad or immoral and for the record I strongly believe that US securities laws are being enforced justly here.

Far too many "crypto" people taking the rug out from underneath the unsophisticated retail investor.

Bitcoin is decentralized for a reason.

The people that pushback on this narrative are either so anti-statist they believe it's impossible for the state to enforce just laws (it's not)...or they have a bag of illegitimate securities to shill...

I can find common ground with the former but the latter is despicable.

Securities disclosures exist for a reason.

And for what it's worth, I've been warning people that state enforcement against unregistered securities (all of 'crypto') was a matter of when not if...and I've been singing this tune for a number of years now.

Be logically consistent.