Gary Gensler's recent pronouncements on altcoins, particularly his assessment that most lack fundamental value and are driven by pure sentiment, should send a shiver down the spine of every Ethereum investor. Is that truly a prophecy of doom, or rather a reality check of the highest order? Are we witnessing...
Former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has sounded the alarm. He worries that crypto assets other than Bitcoin (BTC) aren’t sustainable in the long run. Gensler believes most altcoins lack fundamental economic underpinnings and are largely driven by market sentiment, which he suggests is unsustainable. In...
Gary Gensler's recent pronouncements about altcoins – that they're driven by sentiment and destined for the digital graveyard – reek of a perspective formed in the ivory tower of traditional finance. He’s looking at a gold rush — but there’s only one nugget (Bitcoin) worth collecting. He’s lost the forest...
Coming to you from Paris, where the scent of freshly baked bread often mingles with the murmur of blockchain discussions, I can't help but feel a pang of concern when I hear pronouncements like Gary Gensler's recent warning about altcoins. Specifically, he paints an incredible picture of a market based...