Sep 1, 2018 · 1 min read
Re: reputation and profile, she is in my view leveraging experience to gain a following in the bitcoin community as her own industry fades in signficiance. Nothing wrong with that, but a shame that it has to be founded on spreading fear and concern and not the reasons why Wall St will inevitably fail in taming bitcoin. I have outlined why I think she is wrong, or at the very least, exaggerating practices and behaviours which have declined and developed since the financial crisis, both in terms of market behaviour and regulation.
Re: comparison to gold — the blockchain is the fundamental difference in this case. Any instituion that claims to hold bitcoin and doesn’t evidence it 1:1 will not be used for custody.
