US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler

Discussion in 'Crypto Assets' started by Tokenz, Jun 12, 2023.

  1. M.W.

    M.W.

    Except he is appointed by a sitting president and was confirmed by the senate. He will inflict a lot more due damage on cryptos before his work is gonna be done.

     
    #11     Jun 13, 2023
  2. Tokenz

    Tokenz

    In the short term yes, but everyone already knows he's on his way out the door so his accusations become more and more meaningless.
     
    #12     Jun 13, 2023
  3. M.W.

    M.W.

    Well, clearly it's not just accusations, but hard core enforcement action, else you would not be so bonkers about this guy.

     
    #13     Jun 13, 2023
  4. Tokenz

    Tokenz

    Not really since his accusations hold no weight. He's enforcing something that has no rules and is making up his own rules. I already know what's going to happen in court. He's going to confirm that he's just an idiot like he's doing in this Ripple case
     
    #14     Jun 13, 2023
  5. M.W.

    M.W.

    He already inflicted a lot of damage on cryptos through past enforcement and court cases. So, I beg to differ.

     
    #15     Jun 13, 2023
  6. Tokenz

    Tokenz

    What damage? Oh yeah, you mean Bitcoin being down 4k right now? This is a golden oppertunity to buy, and I'm also very dissapointed gary couldn't make Bitcoin go down to 20K again. I was really hoping to buy, but I guess 4K discount is better than nothing...
     
    #16     Jun 13, 2023
    johnarb likes this.
  7. M.W.

    M.W.

    The much larger damage done is the becoming irrelevance of cryptos in the Western hemisphere.

     
    #17     Jun 13, 2023
  8. Tokenz

    Tokenz

    Oh yeah, you're talking about damage america is suffering now since crypto is moving offshore.
     
    #18     Jun 13, 2023
    johnarb likes this.
  9. BNB shorts getting squeezed & wrekt? Or did I just miss some very important Binance news?

    Screenshot 2023-06-13 at 7.19.53 PM.png
     
    #19     Jun 13, 2023