Oddbean new post about | logout
 So how is all this Eth staking, tokens and contracts  not getting the hammer for money transmission? 
 I don't know, maybe they don't have a public figurehead or foundation with a standing place they could hound down? Oh no wait, they do have that and more! 
 Because the government won’t admit that bitcoin is money **wink**

But ETH is definitely not money 
 A lot of that staking is done through dapps. Uniswap apps  
 Because they are unregistered securities, not money. 
 Vires In Numeris 
 It will..💀 
 Eth is how the establishment can manipulate btc.  As long as they keep eth solvent btc can't moon.  Today was a perfect example it.  Look at the eth-btc spread.