Former SEC Chair Predicts Bitcoin’s Longevity Amid Crypto Token Decline
- Gary Gensler, former SEC chairman, suggests bitcoin may survive as digital gold.
- He warns that most other crypto tokens are likely to collapse.
- Gensler served as the chairman of the U.S. Securities and Exchange Commission (SEC).
Gary Gensler, who previously led the SEC, believes that while bitcoin has the potential to endure as a form of digital gold, most other crypto tokens face a high risk of failure.
Source (2.6)https://news.bitcoin.com/former-sec-chair-backs-bitcoins-survival-warns-most-other-crypto-tokens-are-doomed/?rand=52384