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RE: The Truth about Jamie Dimon, JP Morgan and Bitcoin

in #bitcoin7 years ago

I believe Jamie Dimon is just one of the many crypto hater who think they are going to deter people from adopting cryptocurrency. The problem that institutions like JP Morgan have with cryptocurrencies is they have no control. In the current system they basically print money with fractional reserve banking. They look at cryptos and have no clue how they are going to make money. Since they can figure it out, they are going to try to stop croptos. I hate to break it to them…they can’t stop the crypto movement, they can only join the movement. They can’t print money, they will have to add value to the community to make money. I think this scares them and that is why Jamie is becoming the vocal leader of the anti-crypto movement.