🚀 **Crypto News Flash: SEC Chair Gensler on Bitcoin's Future**

SEC Chairman Gary Gensler shared his thoughts on the future of Bitcoin and other cryptocurrencies at NYU School of Law. He believes it's unlikely that cryptocurrencies will become widely used as a form of payment, viewing them more as a store of value. Gensler emphasized the importance of regulatory disclosures for users to determine the utility of any given cryptocurrency.

He cited historical monetary principles and stressed that nations typically prefer a single currency for economic stability. Gensler also defended the SEC's strict enforcement against fraud in the crypto industry.

What do you think? Will crypto ever become a mainstream payment method? Share your thoughts below! 💬