Acting like this is some kind of social justice movement 🤣
These people invested in companies that skirted by the rules and got away with it for way too long.
If they only stayed humble and stacked sats instead…
If you are still holding sh!tcoins then honestly you deserve what’s coming.
There has been so much warning. You will not be able to sell. The off ramps will be gone and these companies will start to wither and die and you will finally realize why there is no second best crypto asset .
#bitcoin
The level of delusion is insane. Two days after this tweet binance announced they won’t be doing deposits or withdrawals in USD.
What will it take to convince people they are being conned!?
Shitcoiners thought Binance was going to war with the SEC and would up for them and their right to be rugged repeatedly and predictably.
Binance will do whatever the SEC says. That is the bottom line. They don’t really have a choice if they want to operate in the USA. They aren’t going to have a braveheart moment. The problem is these are securities whether you like it or not and therefore will be regulated by the people who regulate securities.
The SEC can’t boss around Bitcoin. What CEO will they call to the stand? What corporate structure will they question? What headquarters will they shut down?
They can’t and won’t stop Bitcoin. Actual decentralized finance, unlike everything else only claiming to be.
Once you understand this, people shilling for ETH just make you want to bang your head against the wall. It’s insane.
Why would you not choose perfect money!?
Binance news is just another domino. Many more to come. This is so good for Bitcoin it’s insane.
That being said, initial panic could cause the price to dip. I welcome it because I’m more optimistic about Bitcoin than ever before.
Crypto bros are shouting “The SEC sucks! Let’s go to war!”
But they will change their tune when they can’t withdraw their funds one day. The exchanges holding their money hostage will become the enemy and they will forget about Gary Gensler completely.