The user ZK_shark has shared another tweet containing an interesting video of the current chairman of the Securities and Exchange Commission, Gary Gensler, in which he states, in 2018, that the Securities and Exchange Commission (SEC) confirms that blockchain technology is not necessarily a security, regardless of what may have been considered in 2014.

The statement was made during one of the famous classes of then-Massachusetts Institute of Technology (MIT) professor Gary Gensler, where he categorically affirms that the American regulator does not consider blockchain technology a security and therefore is not subject to scrutiny. The professor's statement occurs in the same course ("Blockchain and Money") in which he had already stated that 3/4 of the crypto market are not considered securities but rather commodities in many jurisdictions, including the United States.

The current chairman of the Securities and Exchange Commission of the United States has been standing out in the crypto market for his tough and uncompromising approach, demanding that all businesses operating in the space comply with the law that governs it. However, many voices disagree with these laws and claim that they apply only to traditional securities markets and not to the digital space, demanding a clear rule that regulates the cryptocurrency market.

It is this divergence that often creates turmoil in the market and turns users into "detectives" to bring to light videos like the one that ZK_Shark shared on his Twitter account. In most of the videos, there is a contradiction between Professor Gary Gensler's positions, who was favorable to the cryptocurrency ecosystem, and Chairman Gary Gensler's positions at the Securities and Exchange Commission.

As a professor, Gary Gensler made several favorable declarations about the cryptocurrency market, one of which affirmed that 3/4 of the cryptocurrency market are not securities in jurisdictions such as the United States, Taiwan, or even Canada. In a conversation with the co-founder of the privacy and anonymity coin Zcash, he also affirmed that the coin is real, after all, it exists.

As chairman of the Securities and Exchange Commission, Gary Gensler has stood out negatively, at least for the crypto industry, where companies, users, and even Republican senators call him out, but he has so far maintained a strictly hardened policy for crypto ventures.

However, there are two Garys: one as a professor who reconciled the best possible teachings for students and conveyed his knowledge of the crypto market, and the other as a public servant whose mission is to ensure that all crypto ventures comply with the law.

This law, which many industries (including Coinbase) consider unclear for the cryptocurrency market, has even sent regulators to court demanding a response to their position on the law that regulates the market.

Therefore, the video that the user has once again shared presents a more open-minded Gary Gensler who explains that, notwithstanding what the American regulator may have said in 2014, blockchain technology does not have sufficient bases to be considered a security and therefore is not subject to scrutiny.

It could be argued that it was simply a class in which the current chairman of the Securities and Exchange Commission of the United States was dialoguing with students in a blockchain and money course, but it is also a declaration that he is sure about the subject. After all, he is a professor whose key function is to impart knowledge to his pupils so that they have a general view of the crypto market.

So, what can we say about this version of Professor Gary Gensler in contrast to his position as Chairman of the Securities and Exchange Commission? Are there two Garys inside the same body? What you think?