Global Finance Faces Turmoil: Will Bitcoin Replace the Current System?

Signals from the highest levels of the U.S. regulatory agencies suggest that the global financial industry is about to experience a historic turning point. According to recent statements by SEC Chair (Gary Gensler), Bitcoin and other cryptocurrencies are expected to become a main pillar of the international financial system in the near future.

These remarks are not personal opinions but reflect official recognition of the growing importance of digital assets. On SEC chat platforms and other official discussion channels, the community is actively debating the implications of this shift for the market.

This transformation is not the result of a sudden decision but a natural trend emerging from practical needs. As traditional financial systems face increasing pressure from inflation and economic crises, Bitcoin—with its decentralized nature and limited supply—has demonstrated superior value storage capabilities. Other cryptocurrencies are also expanding their functions beyond payments, becoming tools for complex financial applications.

From policymakers’ perspective, recognizing the importance of digital assets in the future of finance is essential. This marks an acknowledgment that cryptocurrencies are not a passing trend but an integral component of the next financial architecture.