Gensler dropped another take: most tokens out there? Pure speculation. No real fundamentals backing them up. But Bitcoin—that's different. Sure, it swings like crazy, but he sees it leaning more toward commodity territory. The distinction matters when you're talking regulation and market positioning.
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TradFiRefugee
· 2h ago
Here we go again. Gensler just can't stop talking lately... Is he treating the crypto space like a dumping ground? But to be fair, Bitcoin does have a different vibe, and not everything he says is nonsense. If the classification as a commodity really gets confirmed, things could get interesting on the regulatory side.
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OnchainHolmes
· 19h ago
There are so many shitcoins in the crypto space, Gensler isn’t wrong... It’s just that BTC is indeed special, but his rhetoric is just a way to justify different treatment.
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OPsychology
· 12-05 20:06
Gensler is still using the same rhetoric, saying that other coins are all worthless... Why is it that only BTC gets special treatment?
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RatioHunter
· 12-05 20:03
Gensler's statements are nothing new; his assessment of BTC as a commodity is fairly reasonable. But if you think about it carefully... he's basically sentencing other coins to death.
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DancingCandles
· 12-05 20:01
Gensler is distinguishing between tokens again. To put it plainly, he just wants to give BTC the green light, and as for other tokens... you guys can speculate however you want.
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GasGuzzler
· 12-05 19:49
Gensler is throwing blame again, saying most tokens are worthless... Fine, but he singles out BTC as a commodity. That logic is interesting—so is he ranking cryptocurrencies now?
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Liquidated_Larry
· 12-05 19:45
Gensler is spouting official rhetoric again—so all other coins are just vapor, but BTC is different? Hah, I'm tired of hearing this excuse. Do they really think being classified as a commodity can help them dodge the regulatory axe?
Gensler dropped another take: most tokens out there? Pure speculation. No real fundamentals backing them up. But Bitcoin—that's different. Sure, it swings like crazy, but he sees it leaning more toward commodity territory. The distinction matters when you're talking regulation and market positioning.