Is Gensler, or will he be, a Bitcoin maxi?

The US government is in the process of throwing out 100 years of securities laws, leaving bag holding retail investors vulnerable to scams in an ambiguous legal environment, where the term 'decentralisation' is abused by fool's definition.

Don't get me wrong, it's all good for Bitcoin, I am an accelerationist in this regard. Being on the chaos.

But career bureaucrats like Gensler are inherently conservative, and it is clear he is deeply unhappy with the politicians overturning the Howie test.

Now, my proposition is that what would shatter your faith in politics and the state other than this? If bitcoin not the last hill for the conservative to stand on, when the people charged with upholding the institutions you've put your faith in prove to be easily bribed, coerced, bought, extorted, corrupted, blackmailed, manipulated, or otherwise encouraged to put their self interest ahead of the stability of the system?

He surely knows that Bitcoin is not crypto, do he's at least halfway there. All he needs is to be convinced that the state is unsalvageable.

Let's break him down to build him back up, on a foundation of hard money and immutable history.

submitted by /u/CiaranCarroll to r/Bitcoin
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Quelle: bitcoin-en