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There has been a time when a saying was popular on Wall Street: “when Warren Buffet speaks, you listen.” Now Wall Street is better not to listen, if they do not want to become history faster than Kodak or Blockbuster.
The media are going mad reporting the latest senseless rants from Warren Buffet[3], Munger[4] and Bill Gates[5], just to name the last few. The usual barrage of senseless observations, wrong assumptions, popular, but wrong and ignorant distinctions between "the technology behind Bitcoin" - which is good and everyone on the Street loves it - and the rest which is obviously very bad or just plain insults to the whole crypto community - as if instead Wall Street is populated only by honourable gentlemen and philanthropists.
Shall the crypto community start trading insults with them? Shall we respond?
No we shall not. For they are slowly becoming the past at an accelerating pace and they do not understand it. Besides, they know nothing about Bitcoin. It is like asking a rugby player to dance the ballet's
