Mr Singer is actually pretending to be ignorant but I know from his inside he knows the reality. These are the same people that manipulate bitcoins trends, leading people from withdrawing their cash.
I know people will always fight bitcoin not because they are ignorant but to incite cash flow movement of the coins.
If a single guy with not business or economy class background can understand bitcoin, what about him who has been in the market for long and his understanding of the state of the economy? I don't really trust his words, cause he pretends to be ignorant but knowledgeable of cryptos.
I'm a crypto fan and will always pledge for a decentralised system. We have seen a lot going with the centralisation, where by governments manipulate the currencies to make profits, "monetary policy " I no longer see value in this and always wish to have a system where by no one will be in the middle to enable transactions, no more banks which charges high by just playing the middle part.
Mr Singer should be the one to sensitise people as he has influence, and I believe may be he wants bitcoin to fall and then invest. I think.