[taneem]

I think to be fair, he said two things:

1. There is no way governments will just let an unregulated currency take over in a meaningful way.

2. Thus, the current Bitcoin rally is simply speculation and is being driven up by those who will profit the most from it (which is fraudulent in the way the Tulip mania was fraudulent).

I get that he's the CEO of the horse and buggy company dismissing cars, but I don't think he was that tone deaf.