John Haar

John Haar, a former asset manager at financial institution Goldman Sachs 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.  The essay explains that not only do people in “legacy finance” fail to understand what he considers one of Bitcoin’s (BTC) primary principles, the idea of sound money is lost on them in general, which Haar says leads them to negative opinions about the crypto. “After many con...