Bitcoin Forum

I remember hearing Keiser say a few months ago that Jamie Dimon was deathly afraid of Bitcoin and they were trying to hold out time in order to try and create something to compete with it or patent troll against it.  It looks like they've done both.  They tried to patent Bitcoin once again, then they forked it and released some crap called "SETLcoin", whose functionality has already been accomplished by probably 10+ altcoins, and Bitcoin itself with 2nd tier solutions like Counterparty, Rootstock, etc.

There's links to Keiser talking about this a few months ago all over the internet but I'm too lazy to find it now, maybe someone else will post it here.  For now you'll have to do with this 60 second Keiser clip talking about Jamie Dimon:

http://youtu.be/8zKuoqZLyKg?t=161

And Andreas Antonopolus explaining why Jamie Dimon is scared:

https://youtu.be/8zKuoqZLyKg?t=224

Of course he is part of the old 'system of debt'. He want to have absolute power over his own creation, total control - his own money.
This is the nature of the system we live in - one side is always a slave - just like Antonopolus said exactly.
And global elites, banks, corporations know that and don't want that to happen because part of them become obsolete as a result.

Honeybadger don't care. Bitcoin was created to replace exactly these people and the system they are part of.

I had a vision last night in my dream, no not a dream a vision, a clear-as-day broadcast on CNBC that I belive was around 2025.

Bitcoin does take over the entire financial system as the primary world reserve currency. Everything is tied to Bitcoin in valuation.... everything, stocks, oil, GDP, every country, every business, every human uses Bitcoin to value determine their net worth and everything is valued in mBits.

I don't know how Bitcoin gets there but I know it does. 

Well it sure doesn't get there crippled at 3tps.

Naw I think they crippled it on purpose so some billionaire or million air just mass buys in first, which is why there regulating stuff with banks first. Unless then want to drain people first of there money in the bank THEN they release the kraken.

Bitcoin can function fine with 10MB blocks + Lightning Network from here to eternity IMO.  Although you would go over 10MB as time progresses just because you can:

https://bitcointalk.org/index.php?topic=1271254.0

Those people will adapt and can use bitcoin as part of their banking system. Those are smart guys.

Could not agree more!

The power of Bitcoin is that is it already working: its ecosystem proven itself to be able to create value out of maths. Maybe I'm a bit idealistic but I really hope to see this thing succeed and to me it's already there. If I am able to have control over my money and not to trust other third-party systems in that case Satoshi was damn right!

When Jamie Dimon was talking about bitcoin you could hear the fear in his voice. His emotions were saying something like I know bitcoin will be huge but we're trying to race bitcoin to become even bigger. However he currently knows that he's losing this one, that's why the fear.