JP Morgan CEO Admits He Was Wrong About Bitcoin
Did you hear about the bankster who said cryptocurrency was a waste of time? His "Bitcoin alternative" patent was rejected 175 times! https://dollarvigilante.com/blog/2018/01/10/jp-morgan-ceo-admits-he-was-wrong-about-bitcoin.html
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ivarketils is now more popular than Jamie Dimon!
What else is new...
I bet his daughter has got more than 2 btc now...
This comment has received a 2.51 % upvote from @kittybot thanks to: @jmehta.
I hope this dudes bank goes belly up realllllll soon. Its ass hats like this running our world right now no thank you
I empathize with that sentiment, but one of the defining perks of the banking profession is the absence of 'skin in the game.'
Mr. Dimon stands to derive immense personal benefit from the millions JP Morgan Chase siphons off its clients, yet he is sheltered from any of the downside associated with the ethically reprehensible (and in most cases) frankly illegal business practices that fine institution engages in on a daily basis.
It is the average Joe that has the most to lose when one of these big banks implodes. It is the people living paycheck to paycheck who will find themselves destitute when the music finally stops, not the technocrats at the top who see the writing on the wall, and who have hedged accordingly.
Were JP Morgan to fall, it would take down with it the rest of the international banking system.
One would argue this is the purge our system really needs: a crescendo of derivative products and degenerate money printing, culminating in the transfer of wealth and productive assets to people who believe in sound money, namely Bitcoin and precious metals.
I just hope that when that day comes we don't get bundled with the crooks that got us into this mess in the first place. Sometimes you get punished for making prudent decisions. Guilt by association, as it will.
Hope he gets arrested, or lose all his money then he knows what disruption is. Demon indeed.
jamie dimon knew what he was doing.... get the price lower to buy more
HE WAS WORKING ON A BLOCKCHAIN WHILE CRITICIZING BITCOIN! THE HYPOCRISY IS OVER 9000 IN THIS ONE!!!
Exactly what I was thinking, they knew exactly what they were doing. The fact he "admits" he was wrong actually worries me... suggests they feel they have control of it now.
I think this is so true
Bingo
He just did not want to pay full price. My personal banker told me they are heavily invested in Ripple and Tron and will go up dramatically in April/May and that towards the end of the year the market would correct.
What I think is happening here is that, they are trying to invest in ripple and pump it. When the price goes high and everyone begins to invest in ripple. They will sell theirs in exchange for bitcoin and Ethereum, then ripple will dump. Leaving the masses with Ripple while they bask and enjoy with their gains in Bitcoin and Ethereum.
They do this for decades. Banking. IPo pre IPo investors only at low price. Sell, market panic, buy all back. Get Buffett to talk on press. Pump again. Coincide with some major event. Panic. Price down. Use bailout money to buy all at lowest prices again. Sell at 2017. Crash 2018. Bailout and bonus. Buy all again 2019.
So very true regarding the full price! You are a brilliant man @emancipatedhuman ! Thank you so very much for sharing the information regarding Ripple and Tron! It's very interesting how the bankers are usually a step ahead! I think I am going to be purchasing some Ripple and Tron. Thanks again for your help my Friend! :)
He probably meant to say he was wrong about Bitcoin Cash :)
BTW, Bitclub Network is moving to Bitcoin Cash on February 1st.
https://steemit.com/bitcoin/@sinushacker/bitclub-is-moving-to-bitcoin-cash-on-february-1st
He knew what he was doing when he made his comment about bitcoin being a fraud.
He doesn't care he's publicly tells officials "so fine us, we sure as hell can afford it"...
Wait a few years for all the infrastructure to be laid out, majority of people will hop on the decentralized way of living instead of giving their money to banks who rob you eventually one way or another.
I wonder what the government will do when privacy coins start really ramping up, just look at zclassic and its bitcoin private fork. Satoshi can legit move some of his forked btcp if hes still alive.
hahahaha
these people hate Gold and Silver and cryptocurrencies
and these things will stuck in their throat and suffocate them
Hmmm...
A lot of people have been wrong about bitcoin and other cryptocurrencies..I hope they come to see the light
I think it’s a game
Does anyone know if the rothschild's have made any comment about cryptocurrencies yet? Obviously they aren't ones to publicly speak out about anything so I doubt it.
Did you see what Aaron Russo said his Rothschild friend said about a cashless society? Crypto very could be what they're looking for.