๐บ๐ธ Breaking: Former SEC Chairman: Bitcoin Will Stay, Most Crypto Will Not Last!
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๐ก Gensler: Bitcoin Will Continue, Most Crypto Will Not Last!
Former SEC Chairman Gary Gensler stated that Bitcoin may stay for a long time, but most other cryptocurrencies will not last.
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๐ก Implications of the Statement:
* ๐ฅ Uniqueness of Bitcoin: He sees it as a unique asset.
* โ๏ธ Regulatory Classification: Hints at classifying other currencies as securities.
* โณ Survival of the Fittest: Expects strong foundational assets to endure.
โDo you agree with Gensler's view that Bitcoin will continue while most other cryptocurrencies will disappear?
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