Chief financial officer of Visa: bitcoin investors “don’t understand what they do”

Chief financial officer of Visa: bitcoin investors “don’t understand what they do”

Chief financial officer of Visa, said in an interview March 16 that, in his opinion of bitcoin and cryptocurrency used by criminals and dirty politicians.

Vasant Prabhu also said that it was a real shock the fact of the existence of other people (not criminals) that invest or work with cryptocurrencies.

I know who’s behind the currency issued by the Federal Reserve, and who is behind the cryptocurrency.

Prabhu is not the first who speaks with such a sharp criticism of the cryptocurrency. The most famous of the opponents of cryptocurrencies was Jamie Dimon CEO of JPMorgan, which last autumn said that “bitcoin is a fraud”. Later, however, he softened his point of view.

Vasant Prabhu obviously decided to repeat the mistakes of others:

To work with “dirty” money through the banking system is very difficult, but the cryptocurrency is perfect for this. I bet every criminal and every dirty politician in the world use the cryptocurrency.

Recall that during a recent failure in the payment system one of the largest cryptocurrency companies Coinbase were to blame for Visa.

News tags
Let's Disqus