The S.E.C.’s Chief Is Worried About A.I.
New York TimesJUL 2023
Clearly the crypto industry, which contributed heavily to Trump and Congressional Republicans' campaigns, is calling the shots now. Gensler fought the good fight to bring transparency to markets, as well as set standards for climate disclosures and cyber security. But, unfortunately, the next administration isn't interested in regulations that will protect average Americans and the economy.
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There's a 95% chance that 1 bitcoin will be worth $100K or more before Jan. 1, 2025, according to the Metaculus prediction community.