Ex-SEC Chief Sees Long-Term Prosperity for Bitcoin, DOOM for Altcoins

In an interview with CNBC, former SEC Chair Gary Gensler offered his insights on the future of Bitcoin and other cryptocurrencies. He highlighted that bitcoin’s enduring appeal stems from its growing global interest, citing its widespread adoption as a key factor in its longevity. 7 billion people worldwide are drawn to this digital asset. While questioning the impact of the past SEC investigations, Gensler shifted his focus towards broader trends in the cryptocurrency market.