Financial Dinosaur opens his mouth again

               Being a neophyte in the field of finance I never heard of Jamie Dimon, CEO of JP Morgan not until he made some pretty offensive things about Bitcoin calling it a Ponzi and a Fraud. He even went on to tell that he would fire anyone of his employees caught trading bitcoins. I find it funny because one the traders of one of his trading companies bought bitcoin when it suddenly had a dip in market prices  due to news from China of banning ICO, closing some trading sites including the prospect of closing down Mining Sites. Oh well traders will be traders. Put your money where your mouth is sir and divest in all cryptocurrency related investment you have and fire everyone that trader who just made your company a ton of money due to his/her  trading in Bitcoins.  

            Since his last statement and news of China's regulatory cracked down on Bitcoin have subsided  Bitcoin like so many times before regained its momentum and reached new record highs at one point reaching $6000.00. Here comes Mr. Dimon once again bashing Bitcoins and calling users of bitcoins "Stupid bitcoin buyers". Oh my coming from a Chief Executive Officer of a world class and highly respected company those are pretty irresponsible thing to do. What gives? Where is all these anger coming from? Oh this might not be anger I smell.  I smell fear that financial institution like JP Morgan will soon become irrelevant since Bitcoins and most other cryptocurrency worldwide seeks to give back the power and control  of money to the People who use them. Is Bitcoin already disrupting your business? Come on. It is highly probably that a lot of your customers who make you money through their investment have already invested in bitcoins. Are you calling them stupid as well? 

           Oh well what do I know? I am just a young and humble cryptocurrency enthusiast who hails from the Philippines  who saw potential in cryptocurrency, learned it and leverage it to alleviate myself from poverty. It opened up tools and opportunities for people like me who lack access to financial tools that had long been the advantage of people with money. Instead of fearing it embraces it. Take advantage of it. Don't listen to me listen to other billionaires out there who has embraced cryptocurrency. Who by the way has a lot more money than you.  Maybe you will listen to them. Stop being like that. Your Harvard educated daughter just made a lot in trading bitcoins.  Will you join us in our quest for INCLUSIVE financial growth and prosperity? No? Sorry to hear that. I forgot you are a Financial Dinosaur who will soon will be extinct. 

  Thanks to all my mentors here at steemit @mers  @antonette  @purpledaisy57  @iwrite   @bobiecayao @otom

If you like the article please follow me, upvote and resteem.  Thanks again prosperity and good fortune to all of us!