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Joe Kernen of Squawk Box grills Gary Gensler over his Anti-Bitcoin stance while running the SEC ₿🪙
Imagine teaching a class about Bitcoin at MIT, seeing it rise to $105k, then admitting you never bought a single Bitcoin. 🤦🏻♂️🤡
Gensler only approved the Bitcoin Spot ETFs because BlackRock entered the space and he had to. After approving the Bitcoin Spot ETFs, Gensler performed a tour of news interviews where he told potential BTC ETF buyers that Bitcoin is volatile, used by criminals, and they would be better off buying traditional assets. I don't remember him doing that after approving any other ETF product. https://old.bitchute.com/video/4DBsOcjSu5r1/
Bitcoin was the most successful ETF launch in history, beating all other ETF launches by enormous margins in just the 1st year, surpassing Gold ETFs by multiple times over.
Gary Gensler was the person at the SEC who kept repetitively roadblocking this ETF launch, and that will be his legacy.
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