Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon | |
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Anonymous Coward User ID: 74022222 United States 09/22/2017 07:49 PM Report Abusive Post Report Copyright Violation | The whole POINT of a cryptocurrency is that governments CANNOT shut them down. But thanks, Jamie, for showing us that you have a dictator's mindset. We bailed your ass out. Without us, your bank would have gone bust. The ONLY way you are a "genius" banker is when somebody bails your ass out of your stupid decisions. Thanks, Jamie. We will see if the crypto world can do what it was designed to do, once governments start targeting it. |
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Waffles ™ (OP) User ID: 71445090 United States 09/22/2017 07:56 PM Report Abusive Post Report Copyright Violation | i suspect they'll ban all crypto currency's except Goldman Sachs new crypto currency that has a US patent,it will most likely get the blessing of the Govt and will be the new federal reserve for crypto currency.. ------------------------------------- |
Anonymous Coward User ID: 74728592 United States 09/22/2017 07:57 PM Report Abusive Post Report Copyright Violation | Jamie Dimon is a fucking idiot and huckster! The only way to stop cryptos is to shut down all computer in the world. Quoting: Unsung What the f*** don't you understand? Let me give you a simple example cuz you clearly are dumb. Sex trafficking for instance still exists and has a market even though it is illegal but it's not mainstream and offenders suffer major consequences. Can you connect the dots ? Or do you crypto tards just keep saying corny stuff cuz you have money invested ? |
Suwanee_Sasquatch User ID: 73853946 United States 09/22/2017 08:08 PM Report Abusive Post Report Copyright Violation | Dimon called cryptocurrencies a "novelty" and said they are "worth nothing." Quoting: Waffles ™ A company called Blockswater has filed a market abuse complaint in Sweden against Dimon, claiming he deliberately spread false and misleading information about bitcoin. Eventually governments will close down cryptocurrencies: JPMorgan CEO 14 Hours Ago | 02:51 JPMorgan Chase Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that governments will shut them down if they grow too large. "Right now these crypto things are kind of a novelty. People think they're kind of neat. But the bigger they get, the more governments are going to close them down," Dimon said during an interview with CNBC-TV18 in New Delhi on Friday. Dimon was concerned that with bitcoin, ethereum and various initial coin offerings (ICOs), there are now cryptocurrencies everywhere. "It's creating something out of nothing that to me is worth nothing," he said. "It will end badly." Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market. These are the latest comments from Dimon attacking bitcoin. Earlier this month he called the cryptocurrency a "fraud.". His comments, along with several prominent hedge fund investors, came before a sharp sell-off in bitcoin. The price for one bitcoin fell from around $4,340 to as low as $2,981.05 in the days after his comments. During the interview on Friday, Dimon also criticized bitcoin for not being a fiat currency formed by a government and backed by a central bank. "With central banks, (the money) says legal tender: you have to take this as payment. It's very cheap to do, it's very easy to move back and forth. JPMorgan moves $6 trillion around the world every day very efficiently, very quietly, very effectively and very cost efficient," he said. "Creating money out of thin air without government backing is very different from money with government backing." less then 50% fair use act..... -------------------------- [link to www.cnbc.com (secure)] JP MORGAN is one the biggest holders of Bitcoin. XRP & XLM XRP = eXchange Rate Peg (Wholesale) XLM = eXchange Liquidity Measure (Retail) NESARA / GESARA |
Suwanee_Sasquatch User ID: 73853946 United States 09/22/2017 08:09 PM Report Abusive Post Report Copyright Violation | i suspect they'll ban all crypto currency's except Goldman Sachs new crypto currency that has a US patent,it will most likely get the blessing of the Govt and will be the new federal reserve for crypto currency.. Quoting: Waffles ™ Ban? how? mine is untraceable .... lol Last Edited by Lupe_Ate_My_Taco's on 09/22/2017 08:10 PM XRP & XLM XRP = eXchange Rate Peg (Wholesale) XLM = eXchange Liquidity Measure (Retail) NESARA / GESARA |
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Rest User ID: 69049059 United States 09/22/2017 08:15 PM Report Abusive Post Report Copyright Violation | The market will eventually quit reacting to idiots like Jamie, go ahead, let him buy off the few idiots who sell to him based on his comments. You want to shut down bitcoin? The internet will have to go with it. You want to make it illegal to transact? Go ahead, that's what zcash is made for. We're fully stationed for war... And if the $ turns against it, we'll turn the dollar to dust. |
No Doxing User ID: 75158197 United States 09/22/2017 08:18 PM Report Abusive Post Report Copyright Violation | Jamie Dimon is a fucking idiot and huckster! The only way to stop cryptos is to shut down all computer in the world. Quoting: Unsung What the f*** don't you understand? Let me give you a simple example cuz you clearly are dumb. Sex trafficking for instance still exists and has a market even though it is illegal but it's not mainstream and offenders suffer major consequences. Can you connect the dots ? Or do you crypto tards just keep saying corny stuff cuz you have money invested ? How there is not a Bitcoin price on Dimon's head....I don't know!!! |
Rinauldi User ID: 75566439 United States 09/22/2017 08:24 PM Report Abusive Post Report Copyright Violation | Dimon FUDs so he can accumulate Bitcoin cheap. Deplorable, and proud of it. Liberalism is a mental disorder. "The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first". -- Thomas Jefferson “All things in moderation, especially moderation” — Rinauldi |
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Anonymous Coward User ID: 75566544 United Kingdom 09/22/2017 08:32 PM Report Abusive Post Report Copyright Violation | The banksters create money from nothing all the while.. They hate crypto currencies because it is decentralized and does not use a bank so it cannot be manipulated by them.. Basically the bankers are the criminals, not bitcoin investors. |
Anonymous Coward User ID: 70944344 United States 09/22/2017 08:37 PM Report Abusive Post Report Copyright Violation | Not surprised. Nobody's dumb enough to think any country would let bitcoin be operational against their own currency. Anyway as is bitcoin is all speculation with no practical uses, so in theory they have nothing to worry about. |
Anonymous Coward User ID: 75442611 Canada 09/22/2017 08:39 PM Report Abusive Post Report Copyright Violation | Banks want to be in the middle and the fascilitator of every transaction you make in your life......cryptos eliminates that........ |
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Anonymous Coward User ID: 74728592 United States 09/22/2017 08:41 PM Report Abusive Post Report Copyright Violation | The market will eventually quit reacting to idiots like Jamie, go ahead, let him buy off the few idiots who sell to him based on his comments. You want to shut down bitcoin? The internet will have to go with it. You want to make it illegal to transact? Go ahead, that's what zcash is made for. We're fully stationed for war... And if the $ turns against it, we'll turn the dollar to dust. Quoting: Rest 69049059 you people are delusional and are openly accepting nwo .. why not get micorchipped too so you can just scan ur arm and pay in bitcoin |
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teslawasriteuno User ID: 75432283 United States 09/22/2017 08:44 PM Report Abusive Post Report Copyright Violation | Pretty good business model if you ask me. |
Rest User ID: 69049059 United States 09/22/2017 08:45 PM Report Abusive Post Report Copyright Violation | Not surprised. Nobody's dumb enough to think any country would let bitcoin be operational against their own currency. Quoting: Anonymous Coward 70944344 Anyway as is bitcoin is all speculation with no practical uses, so in theory they have nothing to worry about. That's the thing... They can't. It is wisely woven into their own system of control, which they would never part with. Internet exists? Then so do cryptos. No crypto is actively working against the $ afaik... Nor any other national currency. We simply sit waiting for people to realize how much better cryptos are than the $... And they are, over time, just take a look at just about any crypto's 5 yr chart.... Lol. You can keep complaining forever about tpb, but we who vanquished them from our heads yrs ago aren't doing shit for you till you step up to the plate and take back the controls for yourself and your finances and your nations and your communities. This is all. |
Anonymous Coward User ID: 74574494 United States 09/22/2017 08:46 PM Report Abusive Post Report Copyright Violation | Seems like a desperate coordinated attack on the industry. Which by the way is way to late because the genei is out of the bottle. DECENTRALIZED means: fuck you government fuck you taxes you could not shut us down in your wildest dreams. Watch what we do next! |
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Anonymous Coward User ID: 68911865 United States 09/22/2017 08:55 PM Report Abusive Post Report Copyright Violation | Seems like a desperate coordinated attack on the industry. Which by the way is way to late because the genei is out of the bottle. Quoting: Anonymous Coward 74574494 DECENTRALIZED means: fuck you government fuck you taxes you could not shut us down in your wildest dreams. Watch what we do next! You truly are quite delusional. |
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