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Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Released Tuesday, 14th February 2023
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Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Did Ethereum Commit Suicide?! Crypto Staking Banned in US!!

Tuesday, 14th February 2023
Good episode? Give it some love!
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In this episode, we discuss how Ethereum may have committed suicide by switching to a proof of stake protocol! With the recent SEC enforcement and possible US ban on "crypto staking" what are the long-term ramifications for Ethereum? Probably not going to make it.   One thing we know, Bitcoin doesn't care.

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Sauces and Media

► Kraken has agreed to pay $30 million: https://protos.com/kraken-settles-with-sec-over-crypto-staking-is-coinbase-next/

► After Kraken, These Crypto Companies Could Be Targeted Next By SEC: https://bitcoinist.com/kraken-crypto-companies-could-be-next-sec/

► SEC, NYDFS, and OCC Gear Up for Battle With Crypto, Stablecoins, and Exchanges: https://beincrypto.com/sec-nydfs-occ-battle-crypto-stablecoins-exchanges/

►  Ethereum co-founder Joe Lubin says no chance ETH is classed as security: https://cointelegraph.com/news/ethereum-co-founder-joe-lubin-says-no-chance-eth-is-classed-as-security

► Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs: https://www.piratewires.com/p/crypto-choke-point

► SEC Chair Gensler Raises Concerns Over ‘Staking’ Model on Ethereum: https://www.bloomberg.com/news/articles/2022-09-15/gensler-raises-concerns-over-staking-model-used-on-ethereum

► Coinbase CEO warns the SEC may consider Ethereum security: https://www.fxstreet.com/cryptocurrencies/news/coinbase-ceo-warns-the-sec-may-consider-ethereum-a-security-heres-what-to-expect-202302090636

► Pretty Obvious’ Ethereum (ETH) Is a Security, Says Billionaire CEO Michael Saylor: https://dailyhodl.com/2022/07/12/pretty-obvious-ethereum-eth-is-a-security-says-billionaire-ceo-michael-saylor-heres-why/

► Ethereum (ETH) is a Security that Passed the Howey Test: https://thecurrencyanalytics.com/altcoins/ethereum-eth-is-a-security-that-passed-the-howey-test-36271.php

► Because you can’t *unstake* it: https://twitter.com/m_e_t_a_m_a_s_k/status/1624216300191973378?s=46&t=6GtndR7ydsMR212xIrHV0w

► Ethereum is a MASSIVE ponzi: https://twitter.com/bitcoinschurch/status/1600620544503717892?s=46&t=6GtndR7ydsMR212xIrHV0w

► I can’t find the unstake button: https://twitter.com/technologypoet/status/1602652392897527808?s=46&t=6GtndR7ydsMR212xIrHV0w

► The Ethereum Ponzi scheme is much, much larger: https://twitter.com/lpcapitalchi/status/1592494812749770757?s=46&t=6GtndR7ydsMR212xIrHV0w

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