Hello Steemit community!
Today we have another "big" news and this matter caught my attention because is not the first and will not be the last, im talking about this -> JPMorgan CEO Jamie Dimon slams Bitcoin as a Fraud, his words:
The cryptocurrency “won’t end well,” he told an investor conference in New York on Tuesday, predicting it will eventually blow up. “It’s a fraud” and “worse than tulip bulbs.”
If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. And both are dangerous.”
Im being honest i don't know who his this guy, mainly because im from europe, but when i saw the news i think myself this guy have to be a big banker, i made some research and bingo! He is CEO of one of the most big banks in United States of America and it seems he is a billionary, getting 28.2 millions as a salary per year only for the CEO position, i found several quotes of him saalways saying bitcoin is a fraud and will never be used in the real economy, guess what its allready being used and we still starting.
Why is telling all this? You know why...
He is not a dumb guy and he knows bitcoin and the blockchain technology can kill banks and all the greedy and corruption he probably like and made bank with over this years.
He got some good results bitcoin dropped about 2%, the news joined some twitter fud following the recent rumours on China banning exchanges.
No big deal, we know the real power of bitcoin, right now there is alot of nwe money coming in the market and people have fear because they are new but the real ones know the objective of this type of events, we still young and learn everyday.
Oh wait? What?
https://twitter.com/pbartstephens/status/907727923536265216
All this just show bitcoin and blockchain technology are starting to piss off the real economy dictatures because after all the attempts in bringing this new economy down we keep growing and growing and getting stronger, the real power is in people and its time to stand up, to a NEW REVOLUTION!
If you like this post or have something to say or ask, please upvote, follow and comment :D
Follow me on Twitter for crypto fun @johnycrypto
100% agree with your articule!!! Good job man!!! Great moment to FCK the big ones!!!!
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Thanks for the comment!
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Just another corrupt big banker.
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He is afraid of the bitcoin revolution
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Jamie Dimond is a criminal
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I don't know about that but i heard some bad stories
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He personally signed off each transaction of Bernie Madoff 17 years scandal
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For those who'd like to read it, here's an article from Bloomberg that provides excellent context for Jamie Dimon's remarks. My take? Bubble or not, Bitcoin is not going away and neither are cryptocurrencies, in general, going the way of the hula hoop. It serves a need.
And here's the video of Elevations' NcNamee, declaring Bitcoin to be in a bubble.
https://www.bloomberg.com/news/videos/2017-09-01/roger-mcnamee-says-bitcoin-is-probably-in-a-bubble-video
Enjoy!
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Thanks for the links, could be a bubble but we still in the early stages and that doesnt mean it will be used.
Thanks for the links
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This post has received a 1.04 % upvote from @drotto thanks to: @banjo.
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This post has received a 6.05 % upvote from @bellyrub thanks to: @johnycrypto.
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