Row 86397

Row ID: 86397 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 86397 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

#Ethereum Con-Arguments Below is an argument written by lj26ft which won 3rd place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round.

> Ethereum is being shown favoritism and privilege by US regulators. This is the biggest con for Ethereum. Early promoters of Ethereum approached and worked closely with the SEC to shield it from any securities laws. The arguments used by the SEC in the Ripple case can be more easily applied to Ethereum. > > Why does Ethereum get a free pass from creating a securities offering? Because Joe Lubin started the Brooklyn project before Ethereum even launched. There's multiple threads on this very sub that shows they sold it to more than just developers. I find the hypocrisy and corruption to be the biggest con argument for Ethereum. It's being chosen by the incumbent system as the only standard for web3 so far. I don't think Ethereum would be as highly valued or trusted if it didn't have carte blanche on illegal fundraising/ hosting tens of thousands of illegal securities offerings. > > The market needs to be a level playing field and right now it's heavily tilted towards Ethereum because of financial interests of early promoters, conflicts of interests from US regulators and their financial interests in Ethereum.

*****

Would you like to learn more? [Click here](/r/CointestOfficial/comments/vpuid7/top_coins_ethereum_conarguments_july_2022/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Ethereum) to find arguments on this topic in other rounds.

Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cz7jc5/daily_crypto_discussion_may_24_2024_gmt0/).

FieldValue
text #Ethereum Con-Arguments Below is an argument written by lj26ft which won 3rd place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Ethereum is being shown favoritism and privilege by US regulators. This is the biggest con for Ethereum. Early promoters of Ethereum approached and worked closely with the SEC to shield it from any securities laws. The arguments used by the SEC in the Ripple case can be more easily applied to Ethereum. >…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-24
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Raw Record

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  "text": "#Ethereum Con-Arguments\nBelow is an argument written by lj26ft which won 3rd place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round.\n\n> Ethereum is being shown favoritism and privilege by US regulators. This is the biggest con for Ethereum. Early promoters of Ethereum approached and worked closely with the SEC to shield it from any securities laws. The arguments used by the SEC in the Ripple case can be more easily applied to Ethereum. \n> \n> Why does Ethereum get a free pass from creating a securities offering? Because Joe Lubin started the Brooklyn project before Ethereum even launched. There's multiple threads on this very sub that shows they sold it to more than just developers. I find the hypocrisy and corruption to be the biggest con argument for Ethereum. It's being chosen by the incumbent system as the only standard for web3 so far. I don't think Ethereum would be as highly valued or trusted if it didn't have carte blanche on illegal fundraising/ hosting tens of thousands of illegal securities offerings. \n> \n> The market needs to be a level playing field and right now it's heavily tilted towards Ethereum because of financial interests of early promoters, conflicts of interests from US regulators and their financial interests in Ethereum.\n\n*****\n\nWould you like to learn more? [Click here](/r/CointestOfficial/comments/vpuid7/top_coins_ethereum_conarguments_july_2022/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Ethereum) to find arguments on this topic in other rounds.\n\nSince this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cz7jc5/daily_crypto_discussion_may_24_2024_gmt0/).",
  "label": "r/cryptocurrency",
  "dataType": "comment",
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  "datetime": "2024-05-24",
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