general

Ethereum founder slams “Bitcoin enthusiast” Michael Saylor…details here

Ethereum founder slams “Bitcoin enthusiast” Michael Saylor…details here

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer Ethereum founder slams “Bitcoin enthusiast” Michael Saylor…details here

Ethereum co-founder Vitalik Buterin criticized Michael Saylor, CEO of MicroStrategy, in a recent tweet, calling Bitcoin extremist Michael Saylor a total clown.

In a video, Saylor claimed that stock laws are based on the Ten Commandments, a set of biblical principles relating to morals and worship.

The basis of the securities laws is that you may not lie, cheat or steal.

According to Saylor, this is the basis of the law.

Read:Beware…More than 1,500 people are impersonating Binance employees

Hence he disagrees with the popular argument that securities laws are outdated.

This is why Saylor views Ethereum as inherently immoral.

Earlier this month, Saylor said the second largest cryptocurrency is clearly a security token.

In June, the head of MicroStrategy also saw that altcoins led by Ethereum were made to actually hurt Bitcoin, and urged the government to regulate the broader cryptocurrency industry.

The Ethereum community was quick to respond to Saylor by recalling that he had been accused of securities fraud by the Securities and Exchange Commission in 2000.

Saylor paid a fine to settle with the regulator without admitting or denying the charges.

It is alleged that Saylor posted huge profits despite losing money, artificially increasing its value.

It is known that Saylor lost a record $6 billion in a single day.

Earlier, the head of the SEC repeatedly emphasized that the majority of digital assets in circulation can be classified as unregistered securities.

Read:Announcing the opening of the deposit contract for Ethereum 2.0 and setting a date for the launch of the first version of the upgrade

As the head of the SEC recently explained, Bitcoin is a commodity.

Read also:

Ledger hardware wallet supports 100 digital currencies based on Cardano…Details here

CEO of “Axie Infinity” denies insider trading accusation


And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
Bitcoin balance on cryptocurrency exchanges drops sharply
Next post
Binance CEO: High Inflation and Recession Fears Will Drive Bitcoin Adoption