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#BREAKING: Former #SEC Chair Gary Gensler Says Bitcoin Might Persist Like Gold!

In a surprising yet powerful statement, former U.S. SEC Chair Gary Gensler has acknowledged that Bitcoin isn’t going anywhere anytime soon. Despite his history of tough regulatory stances on crypto, Gensler now hints that the world’s most popular cryptocurrency could “persist for a long time” — similar to how gold has stood the test of time.

Bitcoin: Not Currency, But Digital Gold?

While Gensler still believes Bitcoin is too volatile to act as a mainstream currency, he draws a compelling comparison between Bitcoin and gold. Just like gold, Bitcoin might not be used for everyday purchases — but it holds immense value as a store of wealth, especially in times of economic uncertainty.

> “It’s a speculative, volatile asset… but like gold, it has global appeal,” Gensler said in a recent interview.

This statement adds fuel to the belief that Bitcoin is becoming the digital gold of the 21st century — a hedge against inflation, political instability, and fiat currency devaluation.

Gensler on Crypto’s Future

Gensler previously warned that cryptocurrencies are unlikely to become widely adopted currencies because governments prefer to control their monetary systems. But now, even he admits that Bitcoin’s survival depends on clear use cases, transparency, and regulation.

> “It’s unlikely this stuff is going to be a currency… it has to prove its value through usage and disclosure,” Gensler noted.

What This Means for the Crypto World

This is a big moment for the crypto community. A former SEC chief openly admitting that Bitcoin may persist — and comparing it to gold — sends a strong message to investors and governments alike.

It shows that even top regulators can’t ignore Bitcoin’s growing global impact.

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