Indeed. The headline is pretty much completely out of context of what was actually being told in the article.
The guy is being rational and saying that bitcoin isn't going to be something that can succeed, guaranteed, and he even goes to mention how he personally thinks that bitcoin will have more chance of success than it tumbling to zero or whatnot. Yet bloomberg makes this seem extremely negative. Classic cherrypicking indeed.
Casares said he’d consider Bitcoin successful if it became a global standard of value and settlement. While it’s unlikely to replace national currencies, it could represent a universal standard of value, he said.
I think this statement made by him is pretty realistic, unlike many other commentators and public figures within maintsream media talking about bitcoin. BTC is more likely to run parallel as an alternative to fiat, than to replace it altogether imo in the future.