RE: Jamie Dimon Says Bitcoin is a Fraud, Well Jamie Should Know Fraud First Hand

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Jamie Dimon Says Bitcoin is a Fraud, Well Jamie Should Know Fraud First Hand

in bitcoin •  7 years ago 

Regal, you are being conservative where this prick is concerned. The likes of these bastards, have the audacity to slate crypto, saying its backed by nothing. Isn't that the case with the dollar, backed by nothing. They just print unlimited amounts, but that's OK and not a scam, yeah right. Fact, since they took us off the gold standard peoples health and well being has gone down hill. Its the likes of this assehole who are the con men, the truth is they don't like anything they cant get there grubby mitts on, to control and manipulate the masses. This latest stunt is an obvious PSYOP to drive crypto down while they mop up.

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The dollar is backed by the promise (or threat) that the USA will continue to govern and do business as usual. Bitcoin is backed by the users who promise to give goods and services for its finite tokens?
I wish Bitcoin's calculations had some practical application in their generation by miners.
Is that what Ethereum does? I picture it as a kind of hive-mind calculator, like IBM Watson or something..