Gary Gensler broke silence, giving his first interview since leaving the SEC 🏛️. He praised Bitcoin’s persistence, contrasting most other tokens as “memes led by feeling.” He compared Bitcoin to precious metals like gold.
Gensler’s comments came as the SEC shifts away from his prior enforcement actions. He emphasized the crypto industry lacks fundamentals. Notably, the SEC is retreating from lawsuits against Coinbase, Kraken and Ripple 😮.
Gensler’s rhetoric aligns with Bitcoin maximalism, suggesting only Bitcoin can function as non-sovereign money 💰. At press time, BTC traded at $84,178.
post url: https://altcoin.observer/gary-gensler-becomes-the-full-bitcoin-maximalist-after-the-end-of-the-dry/
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