AMP's decision to speculate in Crypto is a very poor decision by highly paid investment professionals. Speculation in Crypto is basically an investment in "nothing"

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"The Reserve Bank of Australia (RBA) Governor's salary is determined by the RBA's remuneration committee, which is made up of three non-executive members. The current RBA Governor, Michele Bullock, earns a base salary of $1,081,000"

"Michele Bullock, Reserve Bank Governor, who has close to 40 years' experience in financial markets, recently declared she "doesn't understand" bitcoin, and says "I don't really see a role for it in the Australian economy or the payments system."

Plain English : I'm a clueless overpaid government stooge that has no idea about bitcoin but even though I "known nothing" I can confidently state it has no role to play.

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