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0 pointsdetaro3y ago0 comments

Not necessarily a contradiction, no. It can be very easy to do something, and lots people failing to do so because they refuse to follow the simple rules around it. (how much that is the case with shitcoins I don't know, but it's at least believable that many of them didnt make a serious attempt because it'd get in the way of making lots of money by exaggerated marketing)

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latchkey3y ago

Now you're just generalizing with platitudes and snarky comments about exaggerated marketing. This isn't just about shitcoins and you know it.

Gensler, just yesterday, couldn't even answer a simple question about ETH being a security and that's the second largest marketcap crypto out there.

Pretending that crypto is only made up of shitcoins doesn't mean that it is going to magically go away. It is here to stay. The cat is out of the bag.

The SEC can only bury its head for so long and that's clearly coming to light now. You've got Warren with her stupid 'war on crypto' and Gensler as her puppet talking head.

Things need to change and Coinbase is going to have to sue them to get that change. That speaks more to the lack of clarity in the SEC, than to anything Coinbase is or isn't doing well.

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