No longer in contact but he had no logic at all when I questioned him on it. Just boiled down to "it threatens the legacy system that pays me."
That's why it was effectively an ad for Bitcoin to me.
Discussion
"Don't buy Bitcoin, Goldman Sachs told me it's a bubble!"
"So to be clear you're telling me Goldman Sachs doesn't like Bitcoin?"
"Yes they always warn investors against it."
"Hang on just buying more Bitcoin."