Ethereum "Merges" With The SEC

𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss how Ethereum may have inadvertently turned itself into a security by moving from proof of work to proof of stake.

Not even 24 hours after the Merge, Gary Gensler has come out swinging, reminding people that staking rewards look a lot like interest income or dividends that are paid by a security.

Here's some advice to crypto projects:

If you want to look more like a commodity, don't have one guy in charge who creates the road map and drives development forward.

And especially don't do that if the new feature that you just added looks a lot like an interest-bearing security. That doesn't look too commodity-like to the SEC.

Not investment advice! Consult a financial advisor.

Ether’s New ‘Staking’ Model Could Draw SEC Attention:
https://www.wsj.com/articles/ethers-new-staking-model-could-draw-sec-attention-11663266224

World Economic Forum loves Ethereum:
https://www.weforum.org/agenda/2022/09/ethereum-merge-crypto-currency-sustainability/

Ethereans get their big boy pants:
https://twitter.com/ryansadams/status/1570325531899629571

The head of the SEC says most cryptocurrencies are operating illegally:
https://qz.com/the-head-of-the-sec-says-most-cryptocurrencies-are-oper-1849513471

Gary Gensler going after Ethereum:
https://twitter.com/jchervinsky/status/1567864047864881156

Ethereum development sure looks centralized:
https://twitter.com/jaredpolis/status/1570484385694224384
https://twitter.com/yugalabs/status/1570309632962473987

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#ethereum
#crypto
#bitcoin

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.