@RealAlex_west Need video cameras, using angles, that show the faces of all the senators in the room. Real-time video feed, transparency and document for accountability. Americans need to know which senators are not prioritizing US citizens.
🚨I am calling on Congress right now! Here is a clear demonstration of how urgent this issue is and why we need clarity and consistency in crypto regulations ASAP.
For starters, CFTC Chairman Rostin Behnam has declared that Ethereum is a commodity.
Ironically, Gary Gensler had also previously suggested that ETH had evolved into a commodity as it became more decentralized.
But here's the kicker! The SEC has also recently taken action against Coinbase, alleging that it sold unregistered securities, including #Cardano $ADA, which is a far more decentralized cryptocurrency than Ethereum.
This has sent shockwaves through the crypto community considering Cardano is top 5 cryptocurrency with a $9 billion market cap. This discord in regulatory perspectives alone has created mass uncertainty.
Cardano’s development company, IOG, and founder @IOHK_Charles strongly and rightfully refute the SEC’s claims. Charles points out that Cardano's financing was done in Japan, with no ADA sold, only vouchers, and the U.S. was not involved. IOG states, 'Under no circumstances is ADA a security under U.S. securities laws.' With just a dash of objectivity, it becomes obvious that this makes most sense.
The lack of harmony between regulatory bodies, coupled with allegations that seem to disregard fundamental elements of how decentralized blockchains operate, spells chaos for both the industry and investors.
I am encouraging @GOPMajorityWhip, @SenatorHagerty, @SenLummis, and @PatrickMcHenry to continue to put pressure on these issues, for Congress to actually step in, seek alignment between the SEC and CFTC, and establish clear, fair, and knowledgeable regulations that will foster innovation and protect investors in the ever-evolving world of cryptocurrencies.🇺🇸
Please LIKE and RETWEET to get this message out there.
America faces an enormous opportunity to be the home for the next chapter of financial and technological innovation. Setting clear ground rules will pave the way.
https://t.co/5DcnqZObaZ
‼️IF YOU ARE IN #CARDANO READ THIS‼️ RETWEET THIS, Our community could use a reminder of the whole reason we are here in the first place.
When in DOUBT consume yourself with FUNDAMENTALS. Nothing CARDANO has built in the past 6 years have seized, the network is LIVE & Robust with projects building EVERYDAY! GITHUB commits OUT the WAZOO, our chain is always in top 3, MOSTLY NO.1
TVL on the rise and won’t seize over the ABSOLUTE confusion of little minded men mentally stuck in the Stone Age of thoughts, power drunk with the sole objective of maintaining CONTROL over your lives via the CHAINS of SLAVERY, YES, SLAVERY I SAY, a different design of slavery, not with chains forged of METAL like the 1800’s but FINANCIAL CHAINS forged to keep you a wage slave, keep you dependent with invisible strings attached to your limbs so they can make you jump as they see fit by controlling what you can and can’t do with your money, or should I say, their money, because best believe the money won’t be yours, as soon as they deem you unworthy of their money, you can go from billionaire to a homeless person with a click of their mouse
They seek to lure you with scare tactics back to the cages and chains of their worthless FIAT that you’ve been dependent on for FAR TOO LONG, so long you feel uncomfortable if it seems you are shut out of access to their fiat like they seek to do by shutting down on and off ramp to crypto.
YOU SHOULD BE MORE WORRIED ABOUT YOUR ASSETS & NETWORTH LOCKED IN FEDNOW which is going to be MODERN DAY SALVERS CHAINS as opposed to your assets locked in a free for all financial ecosystem like #CARDANO where you can actually own and control your #ADA (money). Don’t think for a second this crypto crackdown back to back months before the launch of FEDNOW is a coincidence, NO IT IS NOT, THIS IS DESIGNED TO SUCK AS MUCH OF YOU POOR UNFORTUNATE SOULS BACK INTO THE SYSTEM. I’M HERE TODAY TO URGE YOU TO OPT OUT OF THE SYSTEM.
FEDNOW will ensure your entire financial freedom is CLAMPED down under the tight JAWS of the powers that be. Make no mistake, FEDNOW will be programmable money so if they insist on making sure you can NEVER buy crypto ever again as a result of your net worth and payment rail from your job all under FEDNOW, they would. You can kiss the crypto revolution and opportunity good by forever and remain that slave wage they need you to be.
Fortunately, the UNITED STATES is not the WORLD. Adoption of our chain in AFRICA, EUROPE, ASIA & the rest of the world won’t seize over US Failure. DECENTRALIZATION is the future, MAKE NO MISTAKE. All of these push back should be expected because the POWERS THAT BE WILL DEFINITELY
NOT GO QUIETLY INTO THE NIGHT, NO THEY WON’T, But go into the night they must regardless, quiet or loud. They & their power struggle will plunge into the abyss of irrelevance inevitably. Hold strong comrades. #CARDANO for life.
The SEC's latest filing represents legal maneuvering rather than genuine concern for https://t.co/HrbX93eYuS customers and the safety of their assets.
The SEC has shown in bringing this case, and countless others, that its true interest lies in political grandstanding and land grabbing, not in protecting consumers or allowing businesses to thrive in the US.
All https://t.co/HrbX93eYuS customer assets remain safe and secure and deposits and withdrawals are functioning as usual. To reiterate, this requested order does not seek to freeze customer assets. We continue to believe the SEC's allegations are baseless and we look forward to defending ourselves in court.
Many still do not know the story of Daniel Friedberg. He is the man behind the FTX shell company architecture, “God-Mode”, the internal fail safe to delete data, and more.
Get to know him because he plays a key role in the FTX fiasco.
https://t.co/JDgWb6IrBb
#Vasil mainnet HFC event successful!🍾
We’re happy to announce that today, at 21:44:00 UTC, the IOG team, in collaboration with the @CardanoStiftung, successfully hard forked the Cardano mainnet via a HFC event, thus deploying new #Vasil features to the chain.
🧶1/5