Abstract: In this piece, we compare the gold & precious metals trading community (gold bugs) in the 2009 to 2012 period, to that of today’s cryptocurrency community. Some in the cryptocurrency community are keen to oppose and ridicule Gensler and point out supposed potential logical fallacies, inconsistencies and contradictions in Gensler’s positions. Gold & precious metals traders Bitcoin & crypto traders Key Period 2009 to 2012 2013 to present Core narrative Incompetent bankers lost a lot of money in the 2008 financial crisis. There are over 265 records of violations by JP Morgan since 2000, with fines totalling US$39 billion. Gensler’s supposed cryptocurrency hypocrisyThere is not much point going into detail here, as many readers will be aware of and familiar with the accusations against Mr Gensler from inside the cryptocurrency community.