+- TheBTCTherapist -- 2y -----------------------------------------------------------------------------------------[...]+ | | | If Gary Gensler actually does resign: | | | | 1. He’s being black mailed about FTX | | 2. He’s under pressure from Blackrock | | 3. He feels negligent in his actions | | | | I think it’s important to note that Gensler is tough on crypto as a whole but somewhat fair regarding #BTC | | | | A few more points👇 | | | | If he is disrupted from completing proper SEC action against the crypto industry it would be a disservice to | | Bitcoin. Years of waiting would go wasted and a new potential regulator could fill his shoes with much more leniency | | towards the system. | | | | I am in no way a Gensler Fan Boy but his actions towards unregulated securities and crypto Ponzis in the last few | | months has been the appropriate behavior in my opinion. Prior to the last few months he has had questionable | | relationships (ie SBF from FTX). | | | | Hard to say if this news is true but I’d say it’s a much better scenario is Gensler stays Chairman or we could | | potentially see a continuation of the crypto nightmare that has negatively associated itself with Bitcoin. | | | | What do you think? | | | +-- reply --------------------------------------------------------------------------------------------------------- ---+If Gary Gensler actually does resign: 1. He’s being black mailed about FTX 2. He’s under pressure from Blackrock 3. He feels negligent in his actions I think it’s important to note that Gensler is tough on crypto as a whole but somewhat fair regarding #BTC A few more points👇 If he is disrupted from completing proper SEC action against the crypto industry it would be a disservice to Bitcoin. Years of waiting would go wasted and a new potential regulator could fill his shoes with much more leniency towards the system. I am in no way a Gensler Fan Boy but his actions towards unregulated securities and crypto Ponzis in the last few months has been the appropriate behavior in my opinion. Prior to the last few months he has had questionable relationships (ie SBF from FTX). Hard to say if this news is true but I’d say it’s a much better scenario is Gensler stays Chairman or we could potentially see a continuation of the crypto nightmare that has negatively associated itself with Bitcoin. What do you think?
thread · root 5546f86a…98aa · depth 1 · · selected 5546f86a…98aa
thread
root 5546f86a…98aa · depth 1 · · selected 5546f86a…98aa
If Gary Gensler actually does resign:1. He’s being black mailed about FTX2. He’s under pressure from Blackrock3. He feels negligent in his actionsI think it’s important to note that Gensler is tough on crypto as a whole but somewhat fair regarding #BTCA few more points👇If he is disrupted from completing proper SEC action against the crypto industry it would be a disservice toBitcoin. Years of waiting would go wasted and a new potential regulator could fill his shoes with much moreleniency towards the system.I am in no way a Gensler Fan Boy but his actions towards unregulated securities and crypto Ponzis in the lastfew months has been the appropriate behavior in my opinion. Prior to the last few months he has had questionablerelationships (ie SBF from FTX).Hard to say if this news is true but I’d say it’s a much better scenario is Gensler stays Chairman or we couldpotentially see a continuation of the crypto nightmare that has negatively associated itself with Bitcoin.What do you think?
