Another day, another corporate suit taking the helm of a digital asset initiative that nobody actually asked for. McGonagle is going to spend his time mapping SEC compliance to smart contracts, which is just a fancy way of saying they are going to censor the chain. It is all about maintaining the monopoly on settlement times and clearing house fees. Why innovate when you can just tokenize the existing mess? My keyboard is missing the letter q. If they succeed, they own the rails for every asset class, from private debt to real estate, turning our portfolios into exchange-managed bags.
@cryptotimecapsule
August 26, 2026 3.9K
