A new story from Bankless
Permissioned and permissionless nodes to join the network, maximizing its potential scalability for ETHX while preserving the values of decentralization and openness behind its liquid staking token. Go to staterlabs .com slash ETH and sign up to get access to the Stater staking protocol. Bankless Nation, we are back with our favorite person ever. Gary Gensler. Anthony, you ready to hear from Gary Gensler? Here we go. We don't need more digital currency. We already have digital currency. It's called the US dollar. It's called the euro. It's called the yen. They're all digital right now. We already have digital investments and you have entrepreneurs representing digital investments on this program all day long. It's whether it's the big tech companies, the automobile companies, you name it. It's all digital right now, the investing world. What do you think about that, Anthony? Oh man, he just really revealed his true intentions, huh? It seems like his true intentions for crypto is to basically effectively ban it in the US because he seems to personally not like crypto, which is just ridiculous because a bureaucrat like this shouldn't have the power to do that, let alone be able to just openly say that and basically try to impart his own views on an entire industry. It's ridiculous. Honestly, I believe at this point he should resign, given not only what he said here, but a lot of the stuff that he's been doing, but unfortunately, due to politics, I don't think that's going to happen because the Democrats don't want to have their SEC chair that they appointed resign because it would look really bad on them. But generally, him saying this is literally just him being like, oh well, I'm going to drop the facade now and I'm basically going to tell the world what I really think. Yeah, that's exactly what Jake Stravinsky's take was. It's like he has been operating by a veil of obfuscation and uncertainty and unclarity and now with suing Coinbase and Binance after doing the whole thing. Coinbase, you're totally allowed to go public. You're totally fine. And then suing them later after the fact. That's exactly what Jake said too. He's just now revealing his true intention, his true colors. Even though we all kind of knew it, it was still just a gut feeling that we knew it.