Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.” While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) to be something of a distraction. Masayoshi Son, a billionaire technology entrepreneur and CEO of Japanese conglomerate SoftBank, claimed that he “doesn't understand” Bitcoin amid the cryptocurrency breaking its three-year highs. Speaking at the New York Times DealBook conference, Son said that he found Bitcoin investment to be “distracting his own focus on his own business,” Business Insider reported on Nov.
Coin Telegraph - 20th Nov 10:11