Cardano doesn't care if ADA is a security

In the opinion of the Securities and Exchange Commission (SEC), ADA is arguably a security. This opinion is stated in the SEC’s lawsuit against Binance and Coinbase. The mainstream media has seized on this assumption and writes that the ADA is a security. People have bought into FUD and are scared. Anyone in the world can use Cardano and does not need to ask the SEC for permission. Every blockchain project, including Cardano, is deliberately built so that it is impossible to stop the network or prevent users from using the network. There are countries that will ban cryptocurrencies and countries that will welcome them into their territory.

Why are people worried about what the SEC thinks about the ADA? If you understand the principles of decentralization you shouldn’t care. We must have assumed that resistance from the authorities would come and now we are supposed to be afraid?

What happened to the decentralized revolution and the effort to resist the authorities protecting the status quo? Why are Bitcoin maximalists praising the SEC for their opinions and influencers trying to vehemently tell everyone the information that ADA is definitely security? Do you like Cardano and do you like the mission of the project? Stop worrying about what the SEC says. A potential lawsuit will very likely rule that the ADA will not be considered a security anyway. Stick to the principles of decentralization and look ahead. Cardano is a modern technology that is stronger than an outdated American institution relying on decades-old laws.


The success of blockchain networks will not be based on SEC decisions but on the number of users. People have started buying project tokens like stocks, but blockchains need users. The utility will determine market capitalization. Just stake ADA from your own wallet and let the SEC know you support Cardano’s existence. The SEC can only watch helplessly.

This article was prepared by Cardanians with support from Cexplorer.

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