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Author Topic: [2017-09-13] Bankers’ mistrust of bitcoin is still the greatest argument for it  (Read 1782 times)
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September 13, 2017, 06:20:29 AM

Earlier on Tuesday, at different conferences around New York, JPMorgan Chase chief executive Jamie Dimon took aim at bitcoin, calling the cryptocurrency “a fraud” and “worse than tulip bulbs.”
This skepticism by one of Wall Street’s titans, and its reflection in many offices and hallways in top financial services companies, is perhaps one of the strongest cases for bitcoin’s lasting importance.
Let’s be clear, Dimon’s firm is one of the chief architects of the global financial crisis that led to the interest in a somewhat arcane cryptocurrency in the first place. There would be no bitcoin without Jamie Dimon — and in some ways he’s right to fear its rise.

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September 13, 2017, 07:27:20 AM

They are afraid and try to short-circuit it with their mass media, by making us believe that the bitcoin serves only terrorism and criminals, and so on. It does not matter. They try, they only reinforce it.
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