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❕NEWS Statement by New SEC Chairman Gary Gensler on Bitcoin and Cryptocurrencies

aryan4

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CNBC shared the latest statements by the new SEC chief, Gary Gensler, on Bitcoin and cryptocurrencies.
Underlining that the regulation on cryptocurrencies should not be rushed, the President emphasized that Bitcoin is not ponzi. Gensler, who explained why people are turning to cryptocurrencies, stated that people need cryptocurrencies because the existing payment infrastructures are inadequate in many aspects.
What do you think of the president's views?
 
CNBC shared the latest statements by the new SEC chief, Gary Gensler, on Bitcoin and cryptocurrencies.
Underlining that the regulation on cryptocurrencies should not be rushed, the President emphasized that Bitcoin is not ponzi. Gensler, who explained why people are turning to cryptocurrencies, stated that people need cryptocurrencies because the existing payment infrastructures are inadequate in many aspects.
What do you think of the president's views?
This is coming from him because he has actually been involved with cryptocurrency and has seen many benefits that can be derived from it.
 
He is right and this is the why Bitcoin is gaining wider publicity. I think what he is trying to say is let the regulations hold on for a while until he has made enough profit.
 
He is right and this is the why Bitcoin is gaining wider publicity. I think what he is trying to say is let the regulations hold on for a while until he has made enough profit.
Not really. There is need for proper evaluation prior to having any law that will regulate cryptocurrency or cryptocurrency companies.
 
His submission is quite right and I absolutely agree that those regulations to be put in place should not be hurried but thoughtfully and strategically made to serve the real purpose for which they are to be made.
It seems like there is a news in almost every coin-related news source about the named official. Let's see if she likes the coin markets as much as they say.
 
His submission is quite right and I absolutely agree that those regulations to be put in place should not be hurried but thoughtfully and strategically made to serve the real purpose for which they are to be made.
But truthfully, this is how it should be without even this submission m everything should be thought out properly before it's implementation to ease any stress
 
He is right and this is the why Bitcoin is gaining wider publicity. I think what he is trying to say is let the regulations hold on for a while until he has made enough profit.
That's a pretty good statement from you , well some people do like this , who knows what someone is thinking internally at a moment of current time
 
The president is right about that . Many people are turning in the direction of cryptocurrency because they know the profit involved
Yeah. It will be something to regret for people who will be among the late adopters of cryptocurrency because they will start with a high margins
 
This is coming from him because he has actually been involved with cryptocurrency and has seen many benefits that can be derived from it.
and this is good! If legislators and decision makers have no idea the what they are regulating, it absolutely will create the result the best lobbying side pays for. Therefore, educated people are the best, and for crypto they'll understand there are good use cases - that are weighing more than few shady ones.
 
Agreed but recent development has shown the effect of political moves by strong countries affecting bitcoin and making its growth negative it looks controlled money more of now tbh
 
and this is good! If legislators and decision makers have no idea the what they are regulating, it absolutely will create the result the best lobbying side pays for. Therefore, educated people are the best, and for crypto they'll understand there are good use cases - that are weighing more than few shady ones.
One must not need to be educated before he knows about cryptocurrency. He only needs to read or ask questions and be guided.
 
Well blockchain has good programs for education of individuals while giving them bitcoin as well to actually use and start with it
Which project is offering this opportunity you just mentioned ? , To me the blockchain can offer this but must come through a project under it.
 

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