Bitcoin advocate Jack Dorsey engaged in a Twitter war after suggesting that Ethereum (ETH) might be a security. Udi Wertheimer called Dorsey a "clown," to which Dorsey responded by asking Wertheimer to teach him about ETH not being a security. Gabor Gurbacs of Tether and VanEck mentioned that Ethereum's shift to proof-of-stake could trigger securities laws. This dispute coincided with the SEC filing lawsuits against Binance and Coinbase for allegedly offering unregistered securities. Dorsey also endorsed a tweet by Coinbase CEO Brian Armstrong from 2015, emphasizing a focus on Bitcoin rather than altcoins. Furthermore, Dorsey retweeted Jack Mallers' criticism of Armstrong's altcoin prioritization. Dorsey's recent support for the Nostr decentralized network integrating Bitcoin Lightning-based payments was highlighted.
Bitcoin Advocate Jack Dorsey Sparks Twitter War Over Ethereum's Security Status
coingabbar.com
07 June 2023 13:31, UTC