I always like to think its a very positive thing when big bankers and politicians talk ill about Bitcoin, mostly because I believe they talk bad about it because they 1. do not understand it, and 2. Are afraid of the changes that will come from it and they will lose their power.
Bit if Mr. Dimon did say something to that effect, i do believe that the price of bitcoin would still increase as some people that are hesitant and believe the words of these con-men would then start to grab some from themselves.
But to the likes of Mr. Dimon and his ilk I say, don't let the hodl hit you on the way out.
Actually I don't believe there is any hidden conspiracy by him or JPM.
I think his words were genuine words said on the spur of the moment without really having looked into it.
Most people pretty much have the same attitude, i.e. the 799 out of 800 who don't hold any would say:
"Yeah, I've heard of bitcoin. I don't really understand it, I don't really trust it. Isn't it part of that Silk-road thing? I heard you have to deal with some kind of mountain in Japan called "Gox" or something like that which can't be trusted. It's not for me"
His words were a typical reaction and we can't blame him for expressing an opinion. He's almost the head of the financial world and supposed to know everything about everything financial. The question caught him off-guard, and he had to pretend to answer it knowledgeably.
After the media reaction he now knows a lot more. I think his script-writer is already studying my text as we speak. Can he recover what was said previously? Yes, I think he can. The financial world would stand up an cheer! It would say "A man who admits when he is wrong, is a man to be trusted. A man of integrity."
If he does not do it, it will hang around his shoulders for the rest of his life and become part of his epitaph.
Message to Jamie Dimon's speech-writer:
For a very small fee, (payable only in bitcoin), you are welcome to use my text above.
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