Chief Analyst of Mizuho, one of Japan’s largest financial services providers, made an interesting analogy by saying that cryptocurrencies are not a use case.
CNBC reporter Carl Quintanilla February 6 On his official social media account, Mizuho’s Chief Analyst Dan Dolev, who has $ 1.8 trillion assets under his management, conveyed his thoughts on the crypto money ecosystem. Quintanilla’s according to your share Dolev, cryptocurrencies sufficient He stated that he could not achieve market dominance.
Analyst, cryptocurrency ecosystem useless and pointless as we are accustomed to hearing from the CEO of JPMorgan in the past about cryptocurrencies. “pet rocks” It was noteworthy that he used the term.
Dolev last year November made similar statements in had used the expressions:
I think crypto is dead. And investing in Coinbase (COIN) is a waste of time. Investors will be very, very scared. Also, if the market share gains they’ve achieved were negligible, I wouldn’t be too excited.
On social media, users accused the analyst of being backwards like Jim Cramer and Peter Schiff.
Jamie Dimon, CEO of US banking giant JPMorgan Since Bitcoin will go to zero saying that he was sure, he argued that even “pet rocks” toys were more useful.