And why did he do it in such an unprofessional way?
Have a look at this article:
Does he try to steal Peter Schiff's rank as saltiest nocoiner?
Does he actively attempt to manipulate the market?
Is he scared of the crypto revolution as it is direct competition to his business model?
Is he afraid of losing face by admitting he has been wrong when he said Bitcoin won't go places in the past?
What is Steemit's opinion? Let's get a discussion going!
I go with " he is afraid" of losing his business to the Cryptocurrency ,,because clearly Bitcoins and other cryptocurrency coins is a huge enemy to the banks ,,unless they act and use them to their advantage .
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Not to forget that JP Morgan have their own blockchain project "Quorum" which tries to overtake Ethereum (very unsuccessfully)
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hahaha ( Unsuccessful ):D
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This is obviously a part of a a concentrated effort to undermine crypto currency. It is laughable the accusations of fraud coming from JP Morgan, did we forget 2008 and the derivatives games that were played on the public? Sub-prime mortgages and rampant foreclosures are all forgotten, not to mention how many billions in government bail outs, much of which went to bank executive bonuses. I guess if you destroy the world economy you deserve a new Lambo
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Is he scared of the crypto revolution as it is direct competition to his business model? <<< There it is.
Just my two Steems Worth.
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I just think he could have tackled this issue in a much more professional manner by mentioning facts and explaining why he thinks it won't succeed or is a "scam" instead of calling big parts of his followship "drug dealers, murderers, North Korean or stupid".
Shows a lot of insecurity from his side if you ask me.
Edit: Just checked your profile and followed you! Anti censorship!
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Because... Foda-se! 😃
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Made me use urban dict. I'm getting old 👦
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Boomer logic. That is all I think is going on. Cheers.
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