Wells Fargo calls bitcoin is a scam

[bitorama]

from the birth of bitcoin, many people call it a scam, and the price goes like today. So keep independent thinking of bitcoin

[1714864809]

1714864809

[1714864809]

1714864809

[1714864809]

1714864809

[1714864809]

1714864809

[yana0901]

In kC monitor to take profit You can withdraw in any day within 2 days and if I do not withdraw the next week it goes into work automatically

[TooDumbForBitcoin]

"The blockchain is real," CEO of JP Morgan Jamie  Dimon CEO of Wells Fargo added in the interview. "You can have cryptodollars in yen and stuff like that. ICOs ... you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people."

wells fargo simply make buys on this 

[First77]

I think Banks are afraid of Bitcoin because it means less profit for them.  And less chance of keeping people's money and paying them hardly any interest.  So they get rich on their customers money.  So if Bitcoin is a scam then they are bigger ones. 

$1 to $20,000 in 8 years. Bitcoin users should be scared.

[VanKleiss]

Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.

"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."

What do you think about this statement?

It is normal for a bankers to make that statement to protect their business because they are one of the sectors that is affected by crypto revolution. Their investors are slowly divert their investment to cryptocurrency and they are also affected in terms of transactions. Many shifted to cryptocurrency to avoid higher fee and efficiency.