Just less than a month ago, Jamie Dimon became way more famous than he ever intended to, by naming Bitcoin "a fraud". The entire economic media screamed, yelled and groaned. Bitcoin went politely under $3900.
Now, 1 Bitcoin is over $5300.
I think we should thank Jamie Dimon. I'm not being ironic. Ok, maybe just a bit. But seriously, who can give Bitcoin the media coverage it deserves, at zero cost on high profile channels? Can you imagine the marketing costs to get in prime time on Bloomberg? Or to get a page in Financial Times? Gosh...
Now, there are some news from Russia that Bitcoin is getting the silent treatment no more. Instead, it's getting the loud treatment and high profile officials are talking really bad about cryptocurrencies and Bitcoin. In other words, they're just starting a new marketing campaign.
I wonder if Putin can really send the price of Bitcoin higher than Dimon. Sometimes I think very seriously that I should make a prediction market on Ethereum, with the only goal of anticipating how high the price of Bitcoin will go after each super-blunder of fiat moguls or high profile politicians.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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