Will Ethereum be defined as a security? I think it is highly unlikely.
1. Current U.S. laws do not apply to cryptocurrencies. It is obviously a very stupid thing to use the laws of the 20th century to treat the products of the 21st century.
2. In the past disputes between the SEC and XRP, it is obvious that the SEC, as an enforcement agency, has difficulty using the existing judicial system and it is difficult to cause arbitrary interference to XRP. At least in the past few years, both sides have insisted on their own opinions and have not achieved their goals.
3. From the perspective of the U.S. Senate and other government officials, they are more inclined to introduce new bills for cryptocurrencies or the U.S. financial system. Rather than directly defining cryptocurrencies as securities.
4. The market needs supervision but it does not seem to require existing legal supervision. Existing laws are more applicable to the traditional financial system.
5. Sol is more centralized than Ethereum. If Ether is defined as a security, the entire cottage market will be defined as a security. It is not in the interests of the United States.
6. American capital comes to the currency circle to make money rather than to smash the market and take over a riddled currency circle. The maximization of American interests can only push the currency circle forward, rather than suppress it blindly. At least there is not much excess economy in the current currency circle. Even if we are rushing to harvest, we must harvest a meal ticket for long-term prosperity and stability.
7. The more prosperous the cryptocurrency circle is, the more U.S. national debt it absorbs. Obviously, in the current wave of de-dollarization, the cryptocurrency circle, an international financial market, is an extremely attractive circle for U.S. capital.
8. Everyone will welcome the bull market, it is just a matter of time. Only by welcoming a crazier bull market can the interests of the United States be maximized.
