"There's going to be a lot of enforcement and unfortunately a lot of people will be hurt" - @GaryGensler
Translation:
"We see you guys making money without us and we're going to make sure it stops."
Listening to Gensler and it's clear he is laying down the hardest case he can for regulation of digital assets. But my view is that he will likely get his way that most are going to be classified as securities but with a wholesale change to what that means 1/
This is a reminder that the U.S. encourages people to buy lottery tickets and gamble at casinos but keeps 90%+ of the population from investing in startups... ya know, to pRoTeKt them.
💉Teenage boys are six times more likely to suffer from heart problems from the vaccine than be hospitalised from Covid-19, a major study has found https://t.co/vFEiNfsiNb
It's very simple. The government believes that it should have insight into every single financial transaction, with no exceptions. If you reject this, and demand the same assurances that were completely standard for cash pre-1970, you are considered a criminal
.@DrLeanaWen: “There are privileges associated with being an American. That if you wish to have these privileges, you need to get vaccinated. Travel, and having the right to travel in our state, it’s not a constitutional right as far as I know to board a plane."
Not a single word from Joe Biden about naturally acquired immunity, which the latest data shows is more durable than the vaccine, and an estimated 100 million Americans already have-
There is no scientific justification for the omission. It’s dishonest. They don’t care.
They closed beaches, gyms & demonized vitamins.
They force millions of people to be less healthy & then threaten them if they don’t take a pharmacy product.
I reject this evil.
The worst case is that the SEC gets a judgement that cripples Crypto/DeFi and moves it even further offshore, killing possibly trillions of $$$ in economic benefit for the USA. We need exemptions like the internet got in the 90s. Call your congressperson #savecryptofromtheSEC
The Banks are scared when people realize you can earn 4-7% APY on crypto, why the fu** would anyone give their hard earned life savings to the bank for .01% APY and get eaten by inflation while the banks get rich off your money.
After months of trying to engage with the @SECGov on our planned Coinbase Lend product, we recently received notice that it intends to pursue legal action against us. We believe dialogue is at the heart of good regulation, even if the SEC may not. https://t.co/OumvyTPQdj