"We Plan to Win" - Hayden Adams on Uniswap vs. the SEC

Crypto's OG darling exchange, Uniswap is under attack after it received an enforcement notice on Wednesday, April 10th, 2024 from none other than Gensler's anti-crypto SEC.
Uniswap’s CEO Hayden Adams joins us on the podcast to share what happened, how they plan to fight, and what the industry can do to support.
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TIMESTAMPS
0:00 Intro
3:15 Uniswap’s SEC Wells Notice
5:02 Comms Between SEC & Uniswap
7:23 Is $UNI a Security?
11:12 Supreme Court
13:13 Consequences of U.S. Crypto Entrepreneurs
22:01 Uniswap Labs vs. Uniswap Protocol
31:35 How Far Will the SEC Go?
33:55 Why Uniswap Is Important
39:08 Who Protects Investors More?
42:25 Are Hayden & Uniswap Ready?
43:16 Will Crypto Win?
43:29 How to Support
45:08 Closing & Disclaimers
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RESOURCES
Hayden Adams
/ haydenzadams
Uniswap
/ uniswap
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Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

[@MikeWoot65]

I am Hayden Adams. We are all Hayden Adams.

[@zimboiii9025]

HA

[@ChillRainforest]

Maybe we should start calling on our senators and House of Representatives , because the government is obviously not out to help us, but to step on our lives...☹️

[@casino130]

congress doesn't care about calls and letters, unless you have a check to offer them. what voters need to do is withhold votes, set up lobbying commissions and let politicians pass some of their bribes onto the voting public before anyone casts a vote. congress already does this, they don't vote for any bill until they have received a payment buying their vote, why shouldn't the public counter with the very same strategy?

[@NoName-ki2lr]

Not maybe. Definitely

[@samdiesel200]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Sonia Hicks.

[@alexanderbutler859]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@michelleyoung379]

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

[@mathewboniface504]

You trade with Sonia Hicks too? Wow that woman has been a blessing to me and my family.

[@adriandakota795]

I'm new at this, please how can I reach her?

[@trantran7934]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@Steamerbeen]

Supreme court should step in! No more SEC wasting tax payers money till the XRP one is over. They are just throwing shit till it sticks.

[@notker88]

I mean I am no lawyer but afaik it has been already ruled for XRP in a years long case that holding XRP is not a security and Coinbase also already won that secondary market txs are not securities. I would expect this to be shut down by the judge and also be not looked at anymore cause these are literally the same cases after the SEC already lost them against other people.

[@DBragz]

Hayden your analogies are amazing thank you!

[@bestbescik]

RICHARD HEART WAS RIGHT ❤

[@acpjr]

Ryan said "we're excited about this" 🤣

[@anuzis]

Great discussion. Really appreciate Bankless making this kind of conversation open to the public. Hoping for a fair outcome in court.

[@312_Girl]

SEC and regulation is part of the process. It’s painstaking yes but the ramifications of not doing a “due diligence” will have far reaching consequences in the future.This is a new frontier as you yourself say and while it will benefit everyone including those seemingly in opposition. Overreaching is protection in the long run and the long long run. Hope this makes sense. I am a crypto, blockchain supporter love your channel. Chicago in the house. :)

[@lutaayam]

People who use the word ‘like’ in every sentence give me ptsd, since SBF

[@mrauni2211]

You know

[@cryptoniteblack7563]

Regulations to protect investors from rug pulls would move the defi space forward.

[@ej2much]

How can we help?

[@ProvidingLiquidity]

Were building on top of Uni v4. Testnet this month.. Hooks are gonna be game changing. Uniswap is king!

[@FollowMeThisIsTheWay]

YO!!!! Do NOT take the SEC lightly. Optimism is ok but this is NOT a slam dunk. Also, Smartcontracts in danger?

[@theonlyconstantischange123]

How could smart contracts be "in danger"? They are just code published immutably to a public ledger. If one jurisdiction wants to ban freedom to write words then it'll just be written and published somewhere else. And the likely outcome is that that jurisdiction's residents will just use a VPN to spoof their location. Even Hayden said he recommends founders to build elsewhere. If all jurisdictions want to ban freedom to write words then it'll just be done anonymously and regulatory arb will slowly fight each other to grab those taxes

[@findyou2283]

Compute is speech speech is development freedom to write speech and develop open source ideas

[@yavineyafui8602]

Thanks for the stream, maybe you guys can combine forces with the SEC against Richard heart. We all win if we fight together

[@Aaron565]

The "fundamental question" he refers to is if crypto is under the jurisdiction of the court to begin with, which it isnt. Crypto is beyond the jurisdiction of the state in the same way laws are unenforceable in space.

[@IrvingLozanoVazquez]

Considering Block Sailor Token for its potential growth. Safety is a top priority.

[@jugalvaidya7684]

OMG next is Maker in line

[@ryanwdavies1]

The n isn't MS email Exchange software something else the SEC might investigate?😅

[@CryptoGrady]

🔥🔥🔥

[@muralimohan71]

Does Uniswap is fully decentralized and how UNI token gets value from Uniswap protocol?

[@davycrockett8886]

Uniswap back end is fully decentralized. I think some versions of Uniswap have the option to flip the fee switch for UNI.

[@erickramirez2784]

Block Sailor Token has a novel self-governing system. looking into it more.

[@Francisco-ff3un]

Just heard about Block Sailor Token. The $10 potential is appealing. Researching to make an informed decision.

[@mtnvortex]

A block sailor token just flew over my house!!! I then boofed all of my hardware wallets for safe keeping. Trezors are quite uncomfortable in the 'ol prison wallet, let me tell ya! Glad you totally random, and absolutely unrelated, commentators brought it up! What a lucky coincidence!

[@DonteeWeaver]

👀

[@timothyallen7956]

"Like"

[@NormaLobaco]

Brace yourself for the seismic impact of Block Sailor's explosion!

[@kilo31690]

Uniswap does have an HQ much like apple or tesla or Microsoft.

[@pietdenolder]

I was optimistic but then I heard the lisp of this guy.

[@SonyJimable]

They can’t just go after those shilling UniSwap and not Hayden Adams right? Can we just say this is what the SEC should be doing? I mean thank you SEC this is what we want, and this is what crypto needs right now. - Dickless

[@i6power30]

If Uniswap loses, Eth and all other defi enabling chains will crash hard.

[@ChillRainforest]

If you want Gensler to come to the show, offer him some Airdrops 😆🤟

[@RB-wu4us]

Hong Kong Securities And Futures Commission Approves Spot Bitcoin And Ethereum ETFs

[@frankplanada4344]

You sound like SBF 😮

[@MiguelangelVasquezlopes-bc1zj]

Just discovered Block Sailor Token. Looking forward to understanding its market dynamics.

[@lutaayam]

If uniswap loses, can Hayden close uniswap? My understanding was that it’s decentralized and therefore no one can close it

[@SonyJimable]

Uniswap failed the minute they began censoring tokens along with Metamask. They lost a lot of support from crypto and is now unnecessary.

[@casino130]

SEC doesn't have to win, they have unlimited resources and have shown their strategy is simply dragging whatever action out without end in order to weaken their opponent beyond repair, this is what they did with XRP so don't expect anything different. SEC works for the currency monopoly remember that.

[@LeoVazques-qk2xy]

Block Sailor Token appears to have a potential self-governance concept. All set to go deeper!

[@yurijitsu]

$MRBIN I think it's a good idea to hop on this coin they will blow up sooner and can feel it🔥. If you don't believe us, you'll start believing when we're at the top!⛽🚀

[@Grimaldus7]

Why is he doing this SBF-eque interview?

[@FabienFabienB]

SBF-esque you meant. But yeah was also my thought. Bizarre

[@justkaz7104]

184

[@xaxaxaxa96]

look at these betas. Prepare your butts for P.Diddy you have a date with brother love and Suge Knight.

[@PaddlePartner]

every dem voter needs to wake up

[@jaybeeaustria9706]

Uniswap will prevail.....after years of litigation.

[@notker88]

No way this takes so long XRP already won the exact same case.

[@jaybeeaustria9706]

@@notker88 Wishful thinking imo

[@DmaxH.Country]

Good luck..see you in 2 yrs unless Trump wins

[@r1cburton]

The arrogance is on full display here.

[@GregRickard]

Kraken sucks because of ripiff withdraw fees.

[@Aybuann]

Yo is he gay?

[@abeidiot]

imagine thinking you will win a court case against a linear equation running on thousands of computers lol