Ignorant Wealth Manager Says Bitcoin Collapse Is Imminent; Here’s Why He’s Wrong

• Another Wall Street executive is calling for the collapse of bitcoin along with other cryptocurrencies.
• The wealth manager believes that bitcoin will follow the footsteps of Blackberry and Lycos.
• He fails to understand that bitcoin is the best performing asset of the decade and its function has evolved from simple payment settlement into a global hedge against the traditional banking system.

Many so-called Wall Street experts have come forward over the years to criticize bitcoin and other cryptocurrencies. Some see bitcoin as a bubble and that it will soon burst at the expense of investors and speculators. Others believe that the top cryptocurrency will eventually die because of its inability to scale.

Now, another Wall-Street personality is gaining Twitter engagement because of his views on cryptocurrency. He believes that bitcoin along with almost every other cryptocurrency will collapse. The arguments that he presents are hilarious and show his total lack of understanding of what