Gary Gensler is prolonging the approval of $BTC ETF and proclaiming them as commodity, which he believes in, so as to let as many US households as possible to stack sats prior to pumping them with the move
The more concerning thing is the US debt is ~10X bigger if you include unfunded liabilities (IOUs), such as social security, medicare, and inter-govt bonds (h/t Bridgewater)
Yes it is sad but it’s also time to give Charlie a break. He’s given us a century worth of wisdom. It’s bound to deplete. This path we trod our own. As SJ once said:
“… Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.”