Bobby Lee CEO of BTC-China spoke on China's stance on BTC a few moments ago on CNBC. He was also grilled on what BTC is and why it would have value to anyone.

It really saddened me to see someone so high up the food chain of a major exchange seem to know so little about Bitcoin benefits. I really hope that this doesn't hurt the community or price in any way.

For those of you who watched the short interview I'd like to know your thoughts on his responses.