Blackstone CEO Steve Schwarzman appreciates blockchain technology yet believes that blockchain is unsuitable for applying to money. In an interview with Fortune, Steve indicated his anti-crypto stance by saying that they were “pretty odd.” He believed that using blockchain technology to develop money was weird as it complicated things. He also said that he had no particular interest in Bitcoin as it was challenging to comprehend. Blockchain is unsuitable for money as currencies should be controlled He believed that decentralization is the enemy of regulation, and an entity must be responsible for the financial activities in an ecosystem. He said
