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Topic: Pro-crypto Mark Cuban to replace Gensler if Harris wins - page 3. (Read 583 times)

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Mark Cuban is going to make a great SEC Chairman, however....

Are you serious?
The guy that started the ponzi scheme with Voyager and the guy that got tricked into buying Bitconnect and was stupid enough to download a maware wallet and got drained out of $800k in crypto?
This guy?

I thought Gensler was so pro bitcoin and so good for the ecosystem that there's no need to replace him Wink

Gensler is pro-bitcoin, he is anti-shitcoins, and every so-called crypto "investors" hate this because this is how they make money, with stupid schemes and pirting trillions of worthless coins, NFT, and pure vaporware.





member
Activity: 182
Merit: 47
I thought Gensler was so pro bitcoin and so good for the ecosystem that there's no need to replace him Wink

It's funny that Democrats are now throwing Gensler under the bus.
On the other hand I doubt they will abandon him completely. There's probably another warm seat waiting for him.


Gensler will probably return to academia.

Mark Cuban is going to make a great SEC Chairman, however....

legendary
Activity: 2814
Merit: 1192
I thought Gensler was so pro bitcoin and so good for the ecosystem that there's no need to replace him Wink

It's funny that Democrats are now throwing Gensler under the bus.
On the other hand I doubt they will abandon him completely. There's probably another warm seat waiting for him.
member
Activity: 182
Merit: 47
https://www.tradingview.com/news/u_today:cf6e9e8c5094b:0-head-of-sec-that-s-job-i-would-take-pro-crypto-billionaire-mark-cuban/

Mark Cuban is a consistent pro-crypto champion and a huge donor to the Democrats and Harris. He can name his job if Harris wins the election--and he already has: he wants to replace Gary Gensler.

Trump, meanwhile, will almost undoubtedly hire a fellow convicted criminal to the post, and one who will prioritize Trump's own personal crypto businesses over Bitcoin and everything else. According to economic analysts, the US economy will do far better under Harris than it would under Trump:

https://ny1.com/nyc/all-boroughs/politics/2024/09/04/goldman-saches-u-s--economy-kamala-harris-donald-trump

Part of the reason is that Trump is promising massive tariffs on all imported goods that will raise the price of almost everything in the US and destabilize the economy (which will force average consumer investors to sell their Bitcoin so they can pay the bills after they lose their jobs). Under Trump, almost everything a business needs to operate will cost a lot more, which will be devastating.

And Trump has made it clear he does not need Congress to approve his plan, so nothing will stop him from doing this regardless of who wins the majority in Congress:

https://www.newsweek.com/donald-trump-warns-congress-tariffs-plan-1958202

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