#SEC Chair #GaryGensler just dropped some Plato-level wisdom at NYU, saying that Bitcoin and other cryptos likely won’t ever be used as real currencies. 🧐

Instead, they'll probably remain stores of value. According to Gensler, "bad money drives out the good" (Gresham’s Law, anyone?). In short: no room for multiple currencies, sorry $BTC ! 💸

And the punchline? Gensler quipped that many crypto "leaders" are either in jail or waiting for extradition! 👀 With scams, grifters, and fraudsters running wild, he says crypto's future depends on... disclosures.

So, crypto bros, disclosure is the new moonshot! 🌝

#SECApproval #CryptoNewss