RATE Group | Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst
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Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst

30 Nov Bankers Might Not be as Clueless on Crypto as You Think, Says Analyst

Posted at 02:07h in Cryptocurrency News by

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Cryptocurrency naysayers associated with global finance may not be as misinformed about the industry as some observers might like to think. One popular analyst says those he encounters have researched crypto assets and often provide well-reasoned criticism.

However, others disagree, saying that there is a divide in the banking industry between those that don’t get it and are interested to know more and those that don’t get it and don’t want anything to do with it.

Bankers a Mix of Ignorant, Dismissive, Interested, and Critical of Crypto

Thanks to outbursts like those of JP Morgan CEO Jamie Dimon and billionaire investor Warren Buffet over the years, there seems to be a widespread belief around the crypto asset industry that people affiliated with the existing financial system are completely clueless about crypto. Dimon famously called Bitcoin a “fraud” without really saying why in September 2017 and Buffet later called it “rat poison squared” in a similarly amusing…

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