Jamie Dimon at it again - calling bitcoin is worth nothing
Jamie Dimon is on a mission to destroy bitcoin. After labeling it as fraud and bubble, he is now saying it is worth nothing and installing fear to the market by stating that governments will imprison people who use it. See https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html.
Such statement not only shows lack of respect for blockchain technology, which provided many benefits that come with adoption of bitcoins including faster transaction, lower fees (no need to pay bank or exchange transaction fees for converting different fiat currencies), and decentralization, but also indicates banks' fear of massive adoption of bitcoins.
It is unfortunate that people in the rank and position of Jamie Dimon makes such statements to cause market confusion and fear through harsh words. His act is irresponsible, oppressive, and an antithesis to the foundational value of democracy.
Jamie, we live in a world where freedom is highly valued, people using a new and superior means of transaction (digital currency) that is superior than current one (fiat currency) should not be imprisoned.
Bitcoin fans will prevail despite current headwind!!!
Jamie cares nothing about freedom. He is an international banker which means he is into control and slavery. The main tool at his disposal is the currency which is under the domain of the banksters and something that they can expand without regard, charging interest all along the way.
Dimon is thrashing bitcoin because he is buying it. This was proven one here repeatedly with people posting the buys of JPM. In fact, someone posted that Sweden is looking into JPM and Dimon's actions. He is a crook, plain and simple.
If BTC was worthless, why did JPM but 9000 of them last week (Morgan Stanley bought over 100K.
Do you think they really think it is worthless? They are driving the price down to buy more.
Those are likely client orders directed by XBT. Anyway, we should not let a superior technology die out simply because an interested individual with ulterior motive mislabeled it and attempted to misguide the market by instilling fear.