Fastackl.eth
@fast
Remeber the 2014 ETH ICO? Think that wasn’t the sale of an unregistered security? Of course it was. The real question is where would we be if Vitalik and co spent 12 mos + $2m trying to squeeze ETH into a 1933 paper shoebox instead of just launching. Guarantee ETH wouldn’t exist
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Metaversity
@metaversity
Unfortunately, a whole range of crypto founders since then have dissed the SEC and convinced retail to raise quick money, only to not write one line of code or build a single project while rugging millions of dollars. Ethereum is a spectacular success. But millions of later investors have got got trying to emulate it
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Fastackl.eth
@fast
SEC was formed in 1933, before the highway network was built and when only 10% of rural USA was electrified. They have neither the capability nor the interest to adapt to a world where anyone globally can create an asset by typing truffle migrate --network mainnet --reset. Instead they'll discredit and shut it all down
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