I shake my head that as a CEO of the world's largest alternative investment firm, Stephen Scharzman does not understand bitcoin after all the years. He might be hiring the wrong advisors hehe.
What is weird in fact that a man who has been sitting in the same chair for 35 years does not want any new risk for the company? I do not believe he does not understand Bitcoin, very likely he considers it too high risk, and fiat is working for him just fine. People like him or Buffett are servants of the old system, that system made them rich, it allowed them to have the power, why change it?
In any case, this might be good because it might be a sign that it is the beginning of a blockchain season that might begin another altcoin season hehehehe.
I do not understand the link between Scharzman
"I will never invest in Bitcoin" to
"beginning of a blockchain season" which will result with
"another altcoin season"?