SEC Gary Gensler says bitcoin blockchain is just an Oracle database 😳 Is he dumb, or just playing dumb? Bitcoin's entire solution to the double spending / Byzantine general problem is based on the difference between BTC PoW blockchain versus normal databases.

he continues to paint himself as a charlatan

He taught a class at MIT back in 2017… he knows damn well it’s not an oracle database. He’s being dishonest.

Gensler: Trust, don't verify

He’s been told by his masters to endlessly FUD it Imagine how selfish you have to be to FUD the invention that gives freedom to the world

MIT about to lose its accreditation!

He knows the difference between the distributed ledger and an oracle database. Bankers love updating fields to their advantage. The whole system needs healing. Remove Central banks, no longer needed. Remove mortgages, watch real estate prices go to their real value.

Indeed someone should sue him for making deliberately false and misleading statements, especially in his position as regulator, and the power and responsibility that should go with that position.

He is another glaring example of those who serve the fiat overlords and money printing central bankers.

It’s all an act to slow this market down. It’s about to get way beyond anything anyone could imagine… They haven’t finished their work on regulation and the longer they wait the harder it will be on retail and themselves.