art by news.bitcoin.com
The biggest Bitcoin hater, gives Bitcoin a punch below the belt or so he thinks…
If you haven't seen the video here is a link..
http://fortune.com/2017/09/12/jamie-dimon-beats-up-on-bitcoin-says-its-a-fraud/
I think he is just playing around, to see how much influence he might have on cryptocurrency.
Stating that cryptocurrency is a fraud, will cause a ripple effect in the industry but will recover in a couple of weeks, maybe in days.
Conspiracy theory: My opinion is that he is trying to make money on the market, behind the scenes. Imagine how much money would, someone with the wealth he has, can make by intentionally make any market drop $200 to $500 overnight knowing it would recover in a couple of weeks or days. BINGO!
If I had 1 billion dollars in the bank to invest in a sure thing, I would be buying Bitcoins right about now. I would not mind making about a quarter of a billion in a few weeks. Not bad!
art by:.lewisvilletexan.com
When you get to control and master the game of “MONOPOLY”, wouldn’t you hate if someone changes the game. You operate under new rules and very little control. He will still make a lot of money, but it’s not the same if you can’t control it.
Let’s face it, people like him can control the government and who ever controls the government will control the rules of the game.
There are a lot of people making a lot of money on crypto market and it would be very difficult to stop, if not impossible, to change the future of cryptocurrencies in the whole world.
He does have a point, when he says, that the government will try to get some control in the process. The government will not allow a currency that cannot be control. My question is; HOW CAN YOU CONTROL A TSUNAMI, AN EARTHQUAKE OR A HURACCAN? YOU CAN’T!
art by: memeshappen.com