Another outburst from the crypto enthusiast came after the SEC chairman said that cryptocurrencies are securities
Former anti-virus magnate John McAfee is attacking the US Securities and Exchange Commission (SEC) again. McAfee let loose on Twitter this Thursday after Jay Clayton, the chairman of the SEC, stated that the SEC views cryptocurrencies as securities.
McAfee, who was once famous for his eponymous anti-virus software, has become a major proponent of cryptocurrency in the past few years. Driven by a libertarian politics that very much fits with the spirit of Bitcoin’s anonymous founder, Satoshi Nakamoto, McAfee seems particularly drawn to the fact that cryptocurrency operates outside of governmental grasp.
With an affliction for cryptocurrency and disdain for government, McAfee now appears to spend a significant proportion of his time posting cryptocurrency memes and anti-government vitriol on twitter.
His ire towards the SEC was on display last week for almost exactly the same reason as it was yesterday. During an interview with broadcaster CNBC, Clayton stated that Cryptocurrencies, with the exception of Bitcoin, are securities.
McAfee, who was in the midst of a ‘meme war’ on Twitter at the time, was enraged by this. He said that Clayton and the SEC should debate him and that, if they refused to do so, they should “back the f*** off.”
Deja Vu
The same scenario played itself out yesterday. Clayton gave a speech at an SEC public forum in which he said: “much of what I have seen in the ICO or token or ICO space, is a security offering… I don’t know how much more clear I can be about it.”
McAfee, who had just finished posting the adjacent meme, was infuriated once again. “I will fight,” said McAfee, “with every last breath to ensure that this absurd overreach by the SEC will not stand!!”
Despite his Braveheart-esque response, it does appear that McAfee won’t be burning down the SEC’s Washington headquarters any time soon. He said that, at least for the moment, he will be “submitting...to this law.”
As wonderful as the ongoing tussle between the SEC and McAfee is to watch, there is more exciting news. McAfee is going to be announcing the winner of his meme competition in the next few days. This author is waiting with bated breath.
Former anti-virus magnate John McAfee is attacking the US Securities and Exchange Commission (SEC) again. McAfee let loose on Twitter this Thursday after Jay Clayton, the chairman of the SEC, stated that the SEC views cryptocurrencies as securities.
McAfee, who was once famous for his eponymous anti-virus software, has become a major proponent of cryptocurrency in the past few years. Driven by a libertarian politics that very much fits with the spirit of Bitcoin’s anonymous founder, Satoshi Nakamoto, McAfee seems particularly drawn to the fact that cryptocurrency operates outside of governmental grasp.
With an affliction for cryptocurrency and disdain for government, McAfee now appears to spend a significant proportion of his time posting cryptocurrency memes and anti-government vitriol on twitter.
His ire towards the SEC was on display last week for almost exactly the same reason as it was yesterday. During an interview with broadcaster CNBC, Clayton stated that Cryptocurrencies, with the exception of Bitcoin, are securities.
McAfee, who was in the midst of a ‘meme war’ on Twitter at the time, was enraged by this. He said that Clayton and the SEC should debate him and that, if they refused to do so, they should “back the f*** off.”
Deja Vu
The same scenario played itself out yesterday. Clayton gave a speech at an SEC public forum in which he said: “much of what I have seen in the ICO or token or ICO space, is a security offering… I don’t know how much more clear I can be about it.”
McAfee, who had just finished posting the adjacent meme, was infuriated once again. “I will fight,” said McAfee, “with every last breath to ensure that this absurd overreach by the SEC will not stand!!”
Despite his Braveheart-esque response, it does appear that McAfee won’t be burning down the SEC’s Washington headquarters any time soon. He said that, at least for the moment, he will be “submitting...to this law.”
As wonderful as the ongoing tussle between the SEC and McAfee is to watch, there is more exciting news. McAfee is going to be announcing the winner of his meme competition in the next few days. This author is waiting with bated breath.
Bitget's Bitcoin Reserve Ratio Soars Over 300% Following Halving
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
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Looking to expand your network in #Africa?
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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