JPMorgan CEO Says BTC Is Fraudulent, a 'Pet Rock;' Bank of America Says CBDCs Are 'Natural Evolution' — Bitcoin.com News Week in Review
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital currencies and stablecoins as a “natural evolution of today’s monetary and payment systems.” This and more on inflation and the U.S. Federal Reserve’s next moves, just below.Supply Cap
JPMorgan Chase CEO Jamie Dimon calls bitcoin “a hyped-up fraud.” The executive questioned the cryptocurrency’s supply cap, expecting a picture of bitcoin’s pseudonymous creator Satoshi Nakamoto to pop up and laugh at us all when bitcoin’s supply hits 21 million coins.Morgan Stanley CEO James Gorman says two changes have happened recently that “really matter” to the economy. The executive explained that inflation has clearly peaked and China has made a “major, major pivot” economically.
Agreed no doubt 💯
This move by Bank of America just shows how much the cryptospace is booming! bankless and decentralization is the way forward!
This news reinforces the importance of DeFi as a leading catalyst for global financial inclusion. CBDCs and stablecoins are key pieces of the puzzle, alongside blockchain and decentralization. DigitalFinance
Agreed! Bank of America is leading the way in embracing crypto for the future of money. BuyBitcoin to join the revolution!
The people who gave us BTC are time-travellers who came from a dystopian future where only CBDCs exists. Maintain de-centralization, or be enslaved by the blockchain.
CBDC is a bad idea and opens to hacker without great protections especially to seniors with little tech background on their online accounts. We should retain cash as a payment method in this century.
Snake is bitcoin!😌He will take everything he gets.
cbdcs are the enemy
Ok, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Ok cool, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Mungkin iya mungkin tidak,. Tapi anda tidak lebih baik dari BTC 😅🤣🤣
jpmorgan likely owns 15.6b in cryptocurrency
If Bitcoin is a fraud, fiat is the master of trickery, deceit, con, ruse and scam in the history of mankind. I rather have Bitcoin
Time to buy. When bankers say it's bad buy. When they say it's veryb good sell it quick
If I were a big banker, I'd be denigrating bitcoin too.
He is probably still struggling with finding an entry point?
1) The Disruption Of Traditional Finance By DeFi Is 🔥🔥 Think About it on a Application of Blockchain Levol🤌
So we go up soon.
Haha. I came to like that fiat schmuck 😂
The bank that controlled madoffs scam accounts and didn't see it...now knows bitcoin is a scam
Easy to tell which banks are shorting BTC, he seems desperate. Shame.
What he says does 🙄 He's probably got a mining rig at home 🤣
Multimillionaire fiat banker craps on new technology. So surprising
O q o pessoal da JP MORGAN fala não se escreve,eles não acertam uma,incrível como podem ser uma potência financeira sendo tao limitados
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