Franklin Templeton CEO: Traditional finance has underestimated the massive scale of Bitcoin
Franklin Templeton CEO Jenny Johnson stated at the Wyoming Blockchain Symposium held in Jackson Hole that she spends 30% of her daily work studying disruptive technologies, as her main focus is positioning the company for the next generation, which includes digital assets. Johnson believes this is one of two major trends she doesn't want to miss (the other being artificial intelligence). "What's crazy to me is that in traditional finance, they don't know about Bitcoin's amount and transaction volume," added Johnson. In 2023, Bitcoin processed over $36.6 trillion in transactions, far exceeding MasterCard ($9 trillion) and Visa ($14.8 trillion). Johnson believes that traditional finance knows almost nothing about Bitcoin and its huge transaction volume; "The entire ecosystem has almost ignored a parallel, massive ecosystem."
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