Bitcoin fans fire back at Jamie Dimon after 'fraud' comment
From CNBC
Jamie Dimon speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Jamie Dimon speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. If JPMorgan CEO Jamie Dimon was trying to set off the bitcoin community with his criticism of cryptocurrency, he succeeded.Read more: https://www.cnbc.com/2017/09/14/bitcoin-fans-fire-back-at-jamie-dimon-after-fraud-comment.htmlOn Tuesday, Dimon called bitcoin a "fraud," described it as "not a real thing" and said, "someone is going to get killed."
Crypto enthusiasts took little time in firing back -- on Twitter and on TV. We emailed Fred Wilson, a partner at Union Square Ventures and one of the first investors in bitcoin-related start-ups, to get his thoughts on Dimon's comments.
"You have to have an open mind to be able to see the future," Wilson said.
Venture capitalists and hedge fund managers that have joined in the crypto parade said that Dimon's stance is a reflection of Wall Street's defensive posture and attempts to downplay one of the biggest existential threats to the banking industry. Bitcoin is a decentralized digital currency that relies on blockchain technology and isn't controlled by banks or governments.
Give em hell!
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Just finished watching this. It was a little off putting to me when he made fun of his daughter by saying "My daughter bought some bitcoin, it went up and she thinks shes a genius now."
Fuck you, Jamie... Fuck you hard and long. Fuck you coming & fuck you going. You're a piece of shit.
Having said that?
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