The ‘Very Real Economic Difference’ Between Bitcoin and the US Dollar is Explained by SEC Chair Gary Gensler

The 'Very Real Economic Difference' Between Bitcoin and the US Dollar is Explained by SEC Chair Gary Gensler

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has described the “very real economic difference” between fiat currencies like the dollar and cryptocurrencies like bitcoin. The head of the SEC pointed out, “You have a whole central bank, and support for one currency, generally per economic region,” noting that bitcoin doesn’t … Read more