Steve Eisman, à famous investor, particularly influential on Wall Street, was in Hong Kong to participate in a particularly important convention in the finance sector. The man had to express himself about crypto-currencies, explaining that for him it was only a fling::'' I do not see the point.
Each and everyone of us has different opinion about anything. Steve is just being biased since he is in the traditional stock market investment not in crypto. There are lots of people in wall street who doesn't believe in the technology of bitcoin, and they are too scared that even young investors would surpass their wealth in a blink of an eye with crypto investments.
What is the added value of crypto-currencies? No one has been able to give me an answer to that question. »
Bitcoin was made to correct the errors that a centralized currency we have right now. Bitcoin is invulnerable to human error and fraud. The cross border fees are eliminated when it comes to bitcoin accompanied with the anonymity of online transactions which is impossible to do with our current centralized system.