Most of you may already have heard about it - SEC is now questioning Ethereum and whether it's a security or now. Another news (I haven't dug deeper) stated that US thinks Ethereum transactions fall under US jurisdiction because majority of the nodes are in US.
We all know what happened with Ripple. Cross-border transaction settlement/ payment use cases have been hammered by the Ripple law-suite and it seems Ethereum is the next! Very shocking and sad state of affairs.
SEC going after Ethereum may likely mean stopping or killing more innovation, more delistings, no more new investments and basically hammering the entire ecosystem. The past 7 years worth of hard work and all the momentum goes down in the legal proceedings.
How can we help discourage/ stop this from happening? Any ideas?
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