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SEC Chair Gensler's Feeble Anti-BTC Arguments Smacked Down on National TV

The Breakdown

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Introduction

The hosts analyze SEC Chair Gary Gensler's interview on CNBC's Squawk Box, where he emphasizes the SEC's focus on bitcoin and avoids discussing the Ethereum ETF. The conversation debates bitcoin's use in illicit transactions and its value as decentralized money, with co-host Joe Kernan challenging Gensler's stance on fraud compared to the dollar.

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Transcript

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