John Haar, a former asset manager at financial institution Goldman Sachs (NYSE:GS) believes the lack of support from “legacy finance” for Bitcoin stems from a poor understanding of the cryptocurrency.
Haar’s views were expressed in an essay on Aug. 14, which was originally sent to private clients of Bitcoin brokerage platform Swan Bitcoin. Haar previously spent 13 years at Wall Street asset management giant Goldman Sachs, before joining Swan Bitcoin as managing director of Private Client Services in April 2022.