Throughout 2025, Cryptocurrency has been a gathering point for a variety of nations. Among them is the United States, which has completely changed the country’s position towards the industry with the US president Donald Trump. Now the Ex-Sec chairman Gary Gensler has stated and said that Bitcoin will last, while most altcoins will not.
Gensler was the face of the US Securities and Exchange Commission (Sec) that strongly opposed the industry. Throughout its term of office, the agency adopted a regulation-by-the-line strategy for managing its development. Since then, things have changed with the most pro-crypto regime that the nation has ever seen. Nevertheless, the former chairman is not discouraged from this attitude regarding its prospects.
Gary Gensler speaks of crypto, warns of Altcoin’s future
During the first three months of the year, the United States has been applauded for its continued Cryptocurrency change. In fact, the country has tried to introduce regulation and legislation that supports the industry’s growth within its boundaries. In addition, much of this work has come in the form of undoing a hyper-aggressive administration that came before it.
Ex-Sec chairman Gary GensleR had long been his face on the anti-crayon sect, and he is now talking about Bitcoin and Altcoins. He has recently discussed his perspective on the asset class. Specifically, what he thinks will come for the future of the digital financial sector.
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“This is a very small part of the financial markets,” Gensler said. “But if you were interested in this, think of every financial asset kind of business on some basic factors and emotion. But this area is almost 99, or maybe you can say 100%, feeling and very little on basic.”
Overall, Gensler said that Bitcoin will be the gold in the crypto market. When it comes to the arrival of competitors, he expected their presence to be narrow in comparison. “There are only two or three precious metals. We humans have a certain fascination for two or three precious metals such as gold,” he noted in comparison.