I doubt if he doesn't understand what Bitcoin is all about or its wonderful potential that Bitcoin offers, but they're fearful of Bitcoin possibility of eliminating them “the Banks” out of Business because of Bitcoin and cryptocurrency self custody capability and not really about Bitcoin increasing the cyber crime of a thing or helping in money laundering or drug trafficking, but forgot to look at it in such a way of leveraging the Technology or even going into offering a trading platform to enable people who wants to trade leverage trade efficiently by establishing its crypto exchange.