Bitcoin was once used for illegal activities but has since been accepted by institutions such as Blackstone Group and the U.S. government. Nevertheless, some people still find it difficult to understand and accept Bitcoin, with figures like Warren Buffett expressing critical views. Adam Back, CEO of Blockstream, is puzzled that even technically savvy individuals find Bitcoin hard to comprehend.

Bitcoin, once used for illicit purposes, is now accepted by institutions like BlackRock and the U.S. government. Despite this, some struggle to understand and accept it, with figures like Warren Buffett criticizing the asset. Blockstream CEO Adam Back finds it perplexing that even tech-savvy individuals have difficulty grasping Bitcoin.

Blockstream CEO perplexed by slow Bitcoin adoption among tech elites