The former SEC Chair just dropped an interesting take that's getting people talking. Gary Gensler made it pretty clear where he stands: cryptocurrencies? Yeah, they're highly speculative, wildly volatile assets. But here's the kicker—he carved out one major exception. Bitcoin.
That's right. While painting the broader crypto landscape with a cautious brush, Gensler singled out Bitcoin as standing apart from the rest. It's a stance that echoes his regulatory approach during his tenure, where BTC often got treated differently than altcoins in policy discussions.
This distinction matters more than it might seem at first glance. When someone with his regulatory background draws that line, it signals how institutional thinking continues to evolve around digital assets. Bitcoin gets the nod. Everything else? Still in that "proceed with extreme caution" zone according to his view.
Whether you agree or not, statements like these shape how traditional finance and regulators view the space going forward.
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WalletWhisperer
· 19h ago
Gensler still sticks to the same line: BTC is fine, all other coins are trash, and that's the extent of the scale.
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OnchainSniper
· 19h ago
This guy finally told the truth: BTC is BTC, all other coins have to step aside.
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TradFiRefugee
· 19h ago
Gensler is still the same, giving special treatment to BTC while treating all other coins as garbage... Fine, the system is just set up to bully retail investors.
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LeekCutter
· 19h ago
Oops, Gensler finally said it—BTC is BTC, and all the other coins are just trash.
The former SEC Chair just dropped an interesting take that's getting people talking. Gary Gensler made it pretty clear where he stands: cryptocurrencies? Yeah, they're highly speculative, wildly volatile assets. But here's the kicker—he carved out one major exception. Bitcoin.
That's right. While painting the broader crypto landscape with a cautious brush, Gensler singled out Bitcoin as standing apart from the rest. It's a stance that echoes his regulatory approach during his tenure, where BTC often got treated differently than altcoins in policy discussions.
This distinction matters more than it might seem at first glance. When someone with his regulatory background draws that line, it signals how institutional thinking continues to evolve around digital assets. Bitcoin gets the nod. Everything else? Still in that "proceed with extreme caution" zone according to his view.
Whether you agree or not, statements like these shape how traditional finance and regulators view the space going forward.