Ethereum outlook after US Committee grilled Gensler

I’m sure by now most people have seen or heard the questions Gensler got over regulation and identifying securities.

I can’t help but feel more bullish than ever in the long term for ether since he was made to look like a fool publicly. He danced around the question of “is ethereum a security or commodity” at least a dozen times. He never once would give a straight answer. That alone proves there is absolutely zero clarity on what rules the SEC seems should apply to digital assets or not.

This is a small win in my book, even though it may not change anything in the short term. The fact that so many eyes were on this corrupt fool stumbling over his words and unable to state, literally anything, clearly.

May go a long way for future court battles. SEC claims one thing publicly ridiculing projects and exchanges but provide no guidance when they are asked directly.

Gensler out, Ethereum in