$ETH $XRP $HBAR #bitcoin #sui/usdt It's been a while since the last post
1. ETH – Why is it "privileged"?
ETH has the position of being the “favorite”: Not being sued by the SEC like XRP, ADA, ATOM, SOL... Despite also having an ICO.
BlackRock and major funds are pushing for ETH ETFs while remaining "silent" about new foundational coins.
The SEC calls ETH a “commodity” – this exempts ETH from many legal barriers.
=〉 The real reason is not necessarily because ETH is superior, but because ETH:
Has a strong lobby,
Has an underground agreement on profit-sharing among major organizations.
2. XRP & ADA – Why are they being "blocked"?
XRP is a heavyweight competitor in the global financial sector, threatening SWIFT, hence being sued by the SEC.
ADA from Charles Hoskinson has always opposed speculative models, wanting to create a “truly decentralized blockchain,” thus not "appealing" to traditional finance.
=〉 It’s not because they are weak, but because they refuse to conform to Wall Street's way.
3. Is this a political-financial game?
It very well could be. Crypto, once regarded as a “technology revolution,” is gradually becoming:
A playground for tycoons, politics, and interests.
Whoever connects with institutional money, whoever shares power gets to be in the spotlight.
Even if you are skilled in technology but do not collaborate with power groups, you will be "blocked," sued, and pushed out of the system.
4. In summary:
ETH's receipt of ETFs is not entirely due to technology, but largely due to "underground politics".
XRP, ADA, HBAR, SUI,... if they wish to be treated similarly, must “open the doors for profit-sharing” or gain enough political-media pressure.