🚀 SEC Chairman Gary Gensler dropped some hot takes at NYU Law! He believes Bitcoin and other cryptos are unlikely to become mainstream payment methods but will remain as stores of value. 💡 Gensler argues that history shows nations prefer a single currency for economic stability.

He also defended the SEC's tough stance on crypto enforcement, citing rampant fraud and scams in the industry. Gensler sees no need for new regulations beyond the Howey Test.

What do you think? Is Gensler right about crypto's future? Let's discuss! 👇 #Crypto #Bitcoin #SEC