Ruling of Ethereum

According to meeting healed on Monday, May 7th, the Securities and Exchange Commission will convene to determine whether Ethereum (ETH) is a security. As the situation itself is complex, demanding tremendous thought, we imagine a standstill will occur - i.e. no final decision is likely to happen. Remember, though, this is our opinion. Nothing is certain, just speculative at this time. 🤷‍♂️
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Nevertheless, the meeting itself should be viewed under a microscope, as the end result could send Ethereum to undesired lows, or to unimagined highs. From our subjective stance, if ETH is titled a security by the United States' government, then, obviously, short-term price action may be negative, but as the underlying technology, Ethereum, is borderless and does not depend on the opinion of a regulatory committee from one country, its long-term prospects should be unaffected.
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We would also like to inform you, if tomorrow ends in a deadlock - a situation in which no conclusion is made - or ETH is not declared a security, both scenarios, coupled with Etherum’s claims regarding scalability improvements, would bode well for consumers in two respective rights - short-term and long-term. If a deadlock happens, investors will have a short-term sense of relief, which may assist financial gains. Should a conclusion be met in which ETH is not a security, the long-term prospects of the technology and its financial standing within the community would likely prosper. •
Within the last week, Joesph Lubin, co-founder of Ethereum, stated: “We spent a tremendous amount of time with lawyers in the US and in other countries, and are extremely comfortable that it is not a security; it never was a security… many regulators that matter understand what Ethereum is.”
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Comments of this extent should provide some peace-of-mind, but we cannot objectively state that the SEC, nor any governing body, agree with Lubin's position. We will, as a result, monitor tomorrow's event under the intention of providing you with the most replete understanding of what occurs.