We are not surprised that Wall Street sometimes misses fundamental pieces of the bitcoin story and value proposition; established legacy players can be resistant or slow to react to paradigm shifts. As it relates to bitcoin, it is challenging for some on the Street to understand and accept what is effectively a hedge on the system, when in many ways the Street is the system. This dynamic amplifies the responsibility of the digital assets community to educate investors about bitcoin. We continue that mission with this paper.
What Wall Street gets wrong about Bitcoin
June 1, 2020