{"id":4091,"date":"2025-04-18T11:30:51","date_gmt":"2025-04-18T10:30:51","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4091"},"modified":"2025-04-18T11:30:53","modified_gmt":"2025-04-18T10:30:53","slug":"former-sec-director-reveals-surprising-insight-bitcoin","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/former-sec-director-reveals-surprising-insight-bitcoin\/","title":{"rendered":"Former SEC Director Reveals Surprising Insight on Bitcoin !"},"content":{"rendered":"\n

The Timeless Strength of Bitcoin<\/h2>\n\n\n\n

According to Gensler, Bitcoin<\/a><\/strong> benefits from a major advantage that sets it apart in the crypto ecosystem<\/a>: its global appeal. As he stated in an interview on CNBC, “Something like Bitcoin could last a long time because there are 7 billion people in the world who are really interested in it.”<\/em><\/p>\n\n\n\n

This global popularity and interest form the solid foundations<\/strong> on which Bitcoin can rely to ensure its longevity. Unlike many other cryptocurrencies, Bitcoin does not rely solely on speculation<\/strong> and trends<\/strong>, but rather on real fundamentals that secure its lasting<\/strong> place<\/strong> in the global financial landscape.<\/p>\n\n\n

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Credits: Third Way (Flickr)<\/figcaption><\/figure>\n<\/div>\n\n\n

Most Altcoins Threatened by Lack of Fundamentals<\/h2>\n\n\n\n

While Gensler is optimistic<\/strong> about Bitcoin’s future, the same cannot be said for the vast majority of alternative<\/strong> cryptocurrencies<\/strong>. He believes that most altcoins<\/a> are primarily driven by market sentiment rather than solid fundamentals.<\/p>\n\n\n\n

“This space is almost 99%, if not maybe 100%, based on sentiment and very little on fundamentals,”<\/em> he stated. Gensler warns against assets whose value is predominantly based on trends<\/strong> and speculation<\/strong>, deeming them generally unsustainable and likely to lose value<\/strong> in the long run.<\/p>\n\n\n\n

He draws an interesting parallel with precious<\/strong> metals<\/strong>, pointing out that only a few cryptocurrencies, like gold and silver, are expected to stand the test of time. “There are only two or three precious metals. We humans have a certain fascination with two or three precious metals like gold,”<\/em> he noted, suggesting that Bitcoin holds a unique position<\/strong> in the world of cryptocurrencies.<\/p>\n\n\n\n

A Clear Perspective on the Future of the Crypto Market<\/h2>\n\n\n\n

Gensler’s predictions reflect ongoing debates<\/strong> about the legitimacy and sustainability of cryptocurrencies. While Bitcoin has gained recognition as a safe-haven<\/strong> asset<\/strong>, many altcoins struggle to demonstrate the same level of acceptance and robustness.<\/p>\n\n\n\n

Despite his confidence in Bitcoin’s long-term<\/a> prospects, Gensler remains cautious<\/strong> and does not hold any cryptocurrencies himself. His remarks underscore the need for investors to thoroughly evaluate the fundamentals<\/strong> of crypto projects before getting involved, as only the strongest are likely to withstand the turbulence<\/strong> ahead.<\/p>\n\n\n\n

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