On January 14, the Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, stated in a video interview on CNBC that Bit is a highly speculative asset. According to him, despite its high volatility, all 7 billion people in the world want to trade this cryptocurrency. This can be seen as a typical example, just like gold that has existed for 10,000 years, now we have Bit.

Gensler emphasized the global appeal that Bit is creating, similar to the attraction of gold throughout history. Bit is considered the "digital gold", with the ability to attract attention and investment from all over the world. However, he also warned about its highly speculative nature, requiring caution from investors.

This also shows that Bit, although still in its early development stage compared to traditional assets, has attracted the attention of both the financial community and individuals. This popularity requires appropriate management policies that the SEC and other financial institutions need to consider.

Gensler's view reflects an increasingly clear trend: cryptocurrencies are not just a temporary phenomenon, but a fixed part of the global financial landscape. Understanding and managing the associated risks is essential to promote sustainable development in this field.