What Wall Street Gets Wrong About Bitcoin


We are not surprised that Wall Street sometimes misses fundamental pieces of the bitcoin story and value proposition; established legacy players can be resistant or slow to react to paradigm shifts.

As it relates to bitcoin, it is challenging for some on the Street to understand and accept what is effectively a hedge on the system, when in many ways the Street is the system. This dynamic amplifies the responsibility of the digital assets community to educate investors about bitcoin. We continue that mission with this paper.

Here we dispel ten misconceptions about bitcoin and attempt to present a more balanced perspective. In doing so, we aim to empower institutional investors, financial advisors, and individual investors alike with a set of facts—unmarred by the inherent biases of some legacy players—for them to come to their own conclusions.