SoftBank CEO said crypto will be useful but Bitcoin is hard to understand, but what is crypto without bitcoin? And again how is Bitcoin so hard to believe? Is there anyone on here is to find bitcoin hard to understand? What's your thought on this?
I still don't understand how could people with such a higher position do such foolish statements. So there is no point remain to listen to his statement. They don't have to talk unless they have fully understood the concept otherwise you will responsible for making fun of yourself. That's the example of how half knowledge is harmful.
There are many reasons why people like this say such things,
But what I can see is he is just using bitcoin to gather people. He is using the current trend in bitcoin even without understanding it. That's why they find it hard because they don't even want to understand it, he just want to attract people that is interested in bitcoin.
I won't be surprised if the CEO is a old fella, it is very difficult for most of them to understand because they find it as competitor and the interest is low. The old financial system does not have most of the financial technology that bitcoin and altcoin contains.