To say that Gary Gensler has been a disappointment is an understatement. Cathy Wood, Silvio Micali, and many of us in the Bitcoin and Blockchain ecosystem had high hopes because he understands the technology and its potential. With a Spot Bitcoin ETF still unrealized and the SEC suing anyone involved in Crypto, his “progress” is almost laughable. The collapse of FTX, Celcuis, Block-Fi, and Terra Luna all happened under his watch while his attention was on Celebrities like Kim Kardashian and low-hanging fruit. Part of me thinks it’s part of the plan to fleece and ruin retail investors to allow Long-standing Institutions to gain a foothold during a grey area of regulation through enforcement. Now, some lawmakers like Congressman Warren Davidson are calling for his removal and asking him directly about XRP and Ethereum. GOP Majority Whip Tom Emmer is also taking him to the woodshed. Where does this leave Goldman Gary, and why is he dragging his feet on absolute clarity for Digital Assets?
This is not investment advice or an endorsement of the securities or property mentioned.
Please Press FOLLOW on the platform you're consuming this on and LEAVE A 5 Star Review to help support the show.
Official Website: http://www.hotwallet.ca
Follow Scott on Twitter: http://www.twitter.com/scottrades
Send me some SATS on Fountain.fm: https://fountain.fm/hotwallet?code=645358d750
Learn more about your ad choices. Visit megaphone.fm/adchoices