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    « Easy Come! Easy Go! | Main | Devils Dictionary »
    Monday
    Aug062018

    Jamie Dimon v Bitcoin: Crypto or Kryptonite?

    Jamie Dimon doesn't want to say anything more about cryptocurrency.  Let's just say he's not a fan.  Blockchain is real but bitcoin and other cryptos not so much... and that's being diplomatic. Where's Clark Kent when you need him.

    The next really big thing? The greatest thing since sliced bread? Or just the mother of all bubbles?  Well, it's kinda hard to say. And therein lies the problem. As the bitcoin-crypto-blockchain progression continues to evolve, the weak link could bring down the house of cards...or establish the foundation of a new, more resilient  financial system devoid of central bank interference. quantitative easing, taxation, non-transparency, and a digital haven for  drug and arms dealers. If you ask the Bankers' Banker, J.P. Morgan's CEO Jamie Dimon, all-things-crypto are nother but one big scam.  Come on now Jamie-- tell us how you really feel.  

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    References (10)

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