Bitcoin Forum
December 13, 2017, 08:58:31 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Jamie Dimond is talking too much shit!  (Read 3202 times)
slaveforanunnak1
Hero Member
*****
Offline Offline

Activity: 644



View Profile
November 05, 2015, 12:10:12 AM
 #1

http://fortune.com/2015/11/04/jamie-dimon-virtual-currency-bitcoin/

I smell the fear in his voice.

Looking Back with Adam, Wei Dai couldn't fathom

https://soundcloud.com/proofofbeats/whonakamoto
1513198711
Hero Member
*
Offline Offline

Posts: 1513198711

View Profile Personal Message (Offline)

Ignore
1513198711
Reply with quote  #2

1513198711
Report to moderator
1513198711
Hero Member
*
Offline Offline

Posts: 1513198711

View Profile Personal Message (Offline)

Ignore
1513198711
Reply with quote  #2

1513198711
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
RawDog
Legendary
*
Offline Offline

Activity: 1162



View Profile WWW
November 05, 2015, 12:28:13 AM
 #2


CEO of IBM said "I think there is a world market for maybe five computers"

Sometimes, the guys way up get is very wrong.  Dimon was merely saying there won't be a hostile bitcoin - a bitcoin not controlled by government.  He didn't say there won't be a bitcoin that is controlled/approved by governemtn. 
Nevertheless, it is quite clear that he is in need of a big bag of dicks to swallow to prevent him from talking more.. 

*Image Removed* *Expletive Removed*  *Obsenity Removed*
What's going on - Slavetards?!!!
Watch my videos: https://www.youtube.com/watch?v=oE43M1Z8Iew  1FuckYouc6zrtHbnqcHdhrSVhcxgpJgfds
knight22
Legendary
*
Offline Offline

Activity: 1372


--------------->¿?


View Profile
November 05, 2015, 02:03:41 AM
 #3

LOL Jamie Dimond is in strong denial  Cheesy

SFR10
Legendary
*
Offline Offline

Activity: 924



View Profile WWW
November 05, 2015, 04:56:55 AM
 #4

It's clear to me that he doesn't know the whole blockchain technology and yet comes out with a statement that makes himself looks stupid and give false predictions that many already know it could never happen... His (them) are still studying the blockchain and in a few months he would certainly make a different statement if he understand it actually

Possum577
Sr. Member
****
Offline Offline

Activity: 434

Loose lips sink sigs!


View Profile WWW
November 05, 2015, 05:05:09 AM
 #5

Guys, his name is Jamie Dimon.

And yeah, he probably thinks it's silly shit. So does almost any king of a business when some new idea or person enters the market.

OROBTC
Legendary
*
Offline Offline

Activity: 1344



View Profile
November 05, 2015, 05:38:44 AM
 #6

Guys, his name is Jamie Dimon.

And yeah, he probably thinks it's silly shit. So does almost any king of a business when some new idea or person enters the market.


Maybe, Possum577.......

But, Jamie Dimon has proved to be a very smart & ruthless operator for many years.  Recall that he was Blythe Masters' (who just entered The World of Bitcoin) boss too there at JPMorgue.

He's not scared of anything (except for maybe getting his head put on a pole if TSHTF), certainly not of BTC.  If anything, if there are BIG $$$ to be made, he would be looking at getting in...
christycalhoun
Sr. Member
****
Offline Offline

Activity: 378


View Profile
November 05, 2015, 05:56:57 AM
 #7

These guys depend on the success of fiat so of course they are going to be biased.

Kakmakr
Legendary
*
Offline Offline

Activity: 1134

★ ChipMixer | Bitcoin mixing service ★


View Profile
November 05, 2015, 06:19:58 AM
 #8

Virtual currency, where it’s called a bitcoin vs. a U.S. dollar, that’s going to be stopped,” said Dimon. “No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen.

The reason why he is saying this, is very clear in this statement : " Just the same, Dimon said JPMorgan had established a study group to examine the blockchain technology used to record bitcoin transactions.

“Block chain is like any other technology,” said Dimon. “If it is cheaper, effective, works, and secure, then we are going to use it.

He is smack talking Bitcoin, to delay mainstream adoption, so that JPMorgan can come up with a private Blockchain alternative which they will make sure, would adhere to the government regulations and then that would replace Bitcoin.

Do not be fooled by this, they are just buying time to push their own private Blockchains.  Angry

ABitNut
Hero Member
*****
Offline Offline

Activity: 763


I'm a cynic, I'm a quaint


View Profile
November 05, 2015, 06:35:14 AM
 #9

He's right in saying is that governments will not tolerate unregulated transactions. They will try their best to prevent it. If they can't impose regulations on something, they're bound to ban it.

Regulations are already popping up all over the place; I think that's the way it will go for the majority of governments. Some still may have a knee-jerk reaction to ban it because they don't know (yet) how to regulate it.

If you'd ask me Bitcoins are easier to track than cash.


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
AGD
Legendary
*
Offline Offline

Activity: 1414


HODLER SINCE 2013


View Profile
November 05, 2015, 07:03:47 AM
 #10

Quote
Virtual currency, where it’s called a bitcoin vs. a U.S. dollar, that’s going to be stopped. No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen.

Maybe he didn't realize, that meanwhile Bitcoin is WORTH ALOT MORE THAN A DOLLAR.  Kiss

My ignore list here: https://bitcointalk.org/index.php?topic=1652334.0 +++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
USB-S
Sr. Member
****
Offline Offline

Activity: 364



View Profile
November 05, 2015, 07:29:42 AM
 #11

I would want to see the look on his face when he realizes that this shit has no off button Grin
pedrog
Legendary
*
Offline Offline

Activity: 1652



View Profile
November 05, 2015, 09:39:32 AM
 #12

From his perspective he makes a very good point, banks have to comply with a lot of regulation, imagine if banks operate like Bitcoin, no KYC, no AML, immediate non-reversible transactions, that would be a nightmare.

notbatman
Legendary
*
Offline Offline

Activity: 1414



View Profile
November 05, 2015, 09:41:20 AM
 #13

The government wants your money. I can see a "pay with Bitcoin" button on the revenue services page in the near future.

It's the killer clown banking elite in Europe that's afraid of Bitcoin. They can only pull the governments strings for so long. Eventually the dog is going to start sinking its teeth into BTC when the masters aren't paying attention. Fido is already drooling...
Denker
Legendary
*
Offline Offline

Activity: 1162



View Profile
November 05, 2015, 10:12:04 AM
 #14

From his perspective he makes a very good point, banks have to comply with a lot of regulation, imagine if banks operate like Bitcoin, no KYC, no AML, immediate non-reversible transactions, that would be a nightmare.

How often got banks away with fraudulent behaviour in the past?! They paid a ridiculous fine compared to the profit they've made with their schemes.No one ever went in jail!
This so called regulation is a joke! And still they complain. Banks are centralized entities.
Bitcoin is not!Good luck trying to control it.
Just my 2 satoshis!

justbitcoins
Member
**
Offline Offline

Activity: 76


View Profile
November 05, 2015, 10:27:50 AM
 #15

Jamie Dimond is clever, he sees the threat of bitcoin and the benefit of blockchain technology.

Bitcoin cannot be stopped by anybody. If it is to be stopped, it needs the unified effort of all the governments in the world.
acquafredda
Hero Member
*****
Offline Offline

Activity: 784

Cold water with lemon


View Profile
November 05, 2015, 10:30:25 AM
 #16

Quote
Virtual currency, where it’s called a bitcoin vs. a U.S. dollar, that’s going to be stopped. No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen.

Maybe he didn't realize, that meanwhile Bitcoin is WORTH ALOT MORE THAN A DOLLAR.  Kiss

And also he did not realize that people are already moving currencies around borders. And actually they were doing it even before Bitcoin.
 Cheesy

Honeybadger does not care
ETFbitcoin
Legendary
*
Offline Offline

Activity: 1162



View Profile
November 05, 2015, 10:33:48 AM
 #17

It's obvious he really don't know well about bitcoin and blockchain technology or he just hate bitcoin and blockchain technology.
He even don't know blockchain is cheaper, effective, works, and secure than any bank/payment system.

That's true government might not support it, but even so there are many people who still keep use bitcoin.
Don't be fooled by him.

notbatman
Legendary
*
Offline Offline

Activity: 1414



View Profile
November 05, 2015, 10:56:49 AM
 #18

Jamie Dimond is clever, he sees the threat of bitcoin and the benefit of blockchain technology.

Bitcoin cannot be stopped by anybody. If it is to be stopped, it needs the unified effort of all the governments in the world.

[conspiracy rant]

The only unified effort undertaken by governments around the world is in Antarctica, where the combined military might of all the worlds major countries work together to secure the truth about our planet from the public by force.

However, I can't see them working together to shut down Bitcoin, we'd need an official one world government for that. The tri-cities (Vatican, DC & City of London) come close to being a OWG but they're not official and rely on indirect means of control.

[/conspiracy rant]
pedrog
Legendary
*
Offline Offline

Activity: 1652



View Profile
November 05, 2015, 11:51:50 AM
 #19

From his perspective he makes a very good point, banks have to comply with a lot of regulation, imagine if banks operate like Bitcoin, no KYC, no AML, immediate non-reversible transactions, that would be a nightmare.

How often got banks away with fraudulent behaviour in the past?! They paid a ridiculous fine compared to the profit they've made with their schemes.No one ever went in jail!
This so called regulation is a joke! And still they complain. Banks are centralized entities.
Bitcoin is not!Good luck trying to control it.
Just my 2 satoshis!

Correct, even with all these safeguards there is lot of corruption and fraud made using the banking system imagine if there wasn't...

Mickeyb
Hero Member
*****
Offline Offline

Activity: 798

Move On !!!!!!


View Profile
November 05, 2015, 12:06:34 PM
 #20

LOL Jamie Dimond is in strong denial  Cheesy

Well most of the time people that have fear of something are in a strong denial. He would be better off investing some of his money into Bitcoin and then he can talk shit as he does now. In this way he would be in a win win situation at the end. Smiley
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!