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Honestly I am going to go into ignore mode. Chances are SEC will declare Eth wrongfully a security ETF will be denied. And Bitcoinmaxis will celebrate. Ofcourse the SEC will lose in court. And the ETF will have to be approved but until then CT and its Bitcoinmaxis will be totally annoying.
Solana is also annoying as its clearly a dead end. Its completely useless. And it will be centrally controlled by governments later down the line due to its centralized design. We dont even need Solana because we can get the same type of services fully centralized without downsides. Bitcoin is an inferior SoV. Solana is useless and what happens there is defi in name only. L2s/Rollups are also centralized for now but there is a clear path ahead.
I will wait another decade until markets figure out reality if it needs to be. Dont care about retail or CT not understanding.
I will continue playing around on Ethereum trying to increase my stack and I will ignore Solana/Bitcoin/Fiat Price/SEC
As those are all things that will work themselfs out. Ethereum is by far the best chain has the best devs and the only clear path ahead on every metric.
I will go down with the ship. Because if Ethereum doesnt win then Blockchain technology has proven to be useless.
I will only focus on Ethereum from now on with the singular goal of making more Eth. And quit CT. It only zaps my energy and time. I am done discussing stuff.
95% of my stack remain on L1. I am not going to compromise decentralization and security for a Dollar. Decentralization and security need to be values that are strongly reflected by Ethereum projects and if they dont I dont care about the project.
My philosophy from now on Ethereums way or the Highway.
Ofcourse the SEC will lose in court.
I wouldn't be certain about that. There are judges who would side with the SEC and judges who wouldn't.
For example, a Biden appointee is likely to have a similar philosophy to his administration.
True but they will lose infront of the supreme court. We just need to push it far enough. This is the most free market republican/libertarian supreme court that has ever existed. Small government. Personal freedom and free markets are values that the judges reflect very well. So I doubt that this supreme court is going to side with the SEC curtailing financial freedom. The law also is pretty clear about what a common enterprise is. Ethereum isnt it.