Some comical Bitcoin maximalists are even calling for the authories to "shut down Ethereum" because Gensler thinks all projects that had an ICO are unregistered securities if they didn't register with the SEC.
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Ah is that what I've been seeing on Twitter.
Laughable.
Shows you they are legit afraid of ETH flipping BTC.
Especially when you look at how many EVM chains there are.
BTC maxis crying for the authorities to wipe out the other chains. That is what I'd call a lower low.
Remember when R2-D2 was shot in the dome by a storm trooper on Endor in The Return of the Jedi? There was a lot of screaming, lightning and sparks flying from R2 until he went silent. He was out of commission until the final celebration. That will happen to many maxis once the flippening takes place.