Honestly, he became the face of being hated by cryptocurrency supporters. He have done so much to drag the battle of Bitcoin ETF as long as he can and he still lost. The same with other ETF's. While the truth is, if the big boys comes knocking on him, he will have to open the door without even asking who they are.
I do not hate the guy but like I said, he became the face that should be hated because of all his statements. Like a NBA franchise player that cannot get a championship so your own fans will make you the face to be hated even after you are traded.
Whatever Kamala decides, she is just hurting her vote numbers.
Yeah, he tried everything to postpone Bitcoin ETF approval but that's not the reason why I'm angry at him. I'm angry at him because he was saying he wouldn't accept Bitcoin ETFs because Bitcoin is volatile, easily manipulated and etc but the next day we see that the SEC confirms Bitcoin ETFs. Even during this approval, he said that he hated it but very soon after Bitcoin ETF approval, the SEC approved Ethereum ETFs. Gary is a liar, immoral, disloyal and traitor. It's a shame that such a man is the chair of something important.
Yeah, I think many of us in the crypto industry got angry with that. Gary Gensler doesn't have a good PR. He don't even need to tell that to the news, articles, or interviews. He can simply ignore it and tell the facts, not his own opinion. He is a government official, he should be good at lying first.
https://www.livemint.com/market/gary-gensler-is-the-most-controversial-man-in-american-finance-11727765510468.html
How many Securities and Exchange Commission chairs can you name? Even in Washington it is hard to imagine a passer-by being able to come up with more than one. Perhaps the best known is Joe Kennedy, the sec’s first chairman, who took office during the Depression when Americans had lost faith in markets and were clamouring for protection against conmen and fraudsters. And he is most famous for fathering a president.
Yet during his time at the SEC, Gary Gensler, the current chair, has become remarkably well-known, even notorious. So much so that on July 27th, when Donald Trump, the Republican presidential candidate, gave a speech at a bitcoin convention, his biggest cheer came when he announced: “On day one I will fire Gary Gensler and appoint a new SEC chairman.” Mr Trump appeared taken aback by the roar. “I didn’t know he was that unpopular. Wow...Let me say it again.” He repeated: “On day one I will fire Gary Gensler.”
That first question was good. I cannot even name one, I don't even know Joe Kennedy until after I read this article. Surely, he is the most notorious and unforgettable SEC Chairman that will be in our stories someday when he is gone.
Fingers crossed, or maybe not.
