There is no point. A paragraph later, "I understand that the entire development of this ecosystem is new, hence the need to compare it to existing forms of money. And, yes, 10 or 20 years from now, dollars may be obsolete and bitcoin could be the world's reserve currency."

This article is terrible. One empty contradictory statement after another with zero actual analysis. It really is shameful this kind of thing gets published by someone who calls himself a senior analyst & commentator.

CNBC is a joke. It's the Techcrunch of financial news. Occasionally they publish something of value, but mostly it's just repurposed press releases and garbage commentary.