SEC says that staking activity are not securities transactio | beaniemaxi on Binance Square

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SEC says that staking activity are not securities transactions. This pretty much changes everything. DeFi is about to moon. Same with my crypto venture portfolio.

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Billions liquidated in the crypto markets the last few days. All this with relatively flat price action. What we’ve got is a gambling epidemic. 40x leverage has been normalized. Not gonna end well.

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People saying James Wynn is hedging his bets and playing both sides of the trade really don’t understand how derivatives trading works. It’s virtually impossible to hedge a 40x leveraged position. You’ll be eaten alive by the trading platforms and market makers.

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Garga making some big brain moves selling non-core assets to focus on the BAYC ecosystem. Should never have acquired any of these assets to begin with. But I think that was the prior management (with VC influence). But I think this house cleaning is just what the doctor ordered.

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I really do want Solana to make it. And I’m heavily invested in its ecosystem. But its gotta learn from Ethereum’s mistakes. Never rest on your laurels. Crypto industry has the most aggressive and ambitious entrepreneurs around. They’ll eat your lunch, if you leave the door open.

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Bitcoin is long term cooked if it truly shifts from “not your keys, not your coins” to this “democratization of access” narrative pushed by Saylor and Wall Street financial engineers.

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