Irony 101

liotap (54)in #bitcoin • 6 years ago

A few days back I wrote a short piece about recent statements by banks CEOs, mainly the head of Citi. Today, on a very similar topic I wanted to share some news and an article from Zero Hedge, a great blog site.

http://www.zerohedge.com/news/2017-11-16/after-slamming-bitcoin-money-laundering-tool-jpmorgan-busted-money-laundering

JP Morgan's CEO said Bitcoin was merely a tool for money-laundering. This week, a Swiss subsidiary of JPMorgan was sanctioned by the Swiss regulator, FINMA, over money laundering and "seriously violating supervision laws."

Jamie also called Bitcoin "a fraud". In my view, frauds are actions committed by people. I am sure some people commit fraud with Bitcoin, just like some of your employees, under your supervision did however they did it. We will not know how it happened because the records are not public.

Thanks to @HowdyDoody (from the zero hedge blog) we can to finish the post on a funny note:

Jimmie's song:

I'm too big to fail
I dont do jail
I pay the fine
with your money
not mine

#banks

6 years ago in #bitcoin by liotap (54)

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liotap (54) 6 years ago

"The bitcoin to me was always what the governments are gonna feel about bitcoin as it gets really big, and I just have a different opinion than other people. I'm not interested that much in the subject at all."

The CEO told Fox Business today, "The blockchain is real. You can have crypto yen and dollars and stuff like that. ICO's you have to look at individually."
source:
https://www.coindesk.com/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud/

thanks for the honesty. it's fine if you don't like it and the crypto community is happy to hear opinions of any smart people. as long as the statements are based on some analysis that can be freely evaluated.

$5.17

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