What is Nostr?
DireMunchkin
npub1mxr…kyq5
2024-11-23 21:31:50
in reply to nevent1q…5x97

DireMunchkin on Nostr: I wholeheartedly support this - Politicians have repeatedly interfered with Bitcoin ...

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.
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