Whatever You Say, Jamie! JPMorgan CEO Will ‘Stop Talking About Bitcoin’
JPMorgan CEO Jamie Dimon has said he is “not going to talk about Bitcoin anymore” as the company says it is “open-minded” about cryptocurrency.As reported by CNBC Thursday, Dimon, who caused a Bitcoin flash crash when he described it as a “fraud,” appears to have lost faith in his own judgment.“I wouldn't put this high on the category of important things in the world. But I'm not going to talk about bitcoin anymore," he told reports responding to a query.Adding to the apparent U-turn on the bank’s anti-Bitcoin sentiment, CFO Marianne Lake even went as far as to accept it.“We are open-minded for digital currencies that are properly controlled and regulated,” she added, along with praising the merits of Blockchain technology.The comments come as fellow finance figures pointed to what they called “hypocrisy” at JPMorgan and Dimon’s comments. Cointelegraph reported earlier that VC Bart Stephens had joined the likes of Goldman Sachs and high-profile investors in adopting a more bullish tone on Bitcoin.In the meantime, Bitcoin managed to shake off the last remnants of Dimon’s impact, with prices racing to new all-time highs over $5200 today.
Complete hypocrite.
Bitcoin is growing in an exponential way. The cryptocurrency market is gaining strength every day, above and beyond any highs or lows, but for Bitcoin to have come back again, since China's threat of banning ICO's and Blockchain trading and Dimon's threats to sack anyone who works for JP Morgan that uses any form of cryptocurrency, for being "stupid", is testament to it's resiliance and independence.
This is an intersting turn-around, but an inevitable one, as we are looking at snivelling, selfish little creatures, when we look at the likes of Dimon and the plethora of other such limpets, who can see the potential and who are working however they will to stay on top of things, so as not to lose their control of the economy, but I hope that critical mass will tip the balance, one day and we will see the closure of such centralised dimonic hovels.
Thank you for sharing this, @bapi81. Worth giving a picture source, for future reference, even though I can see the watermark,but a link is always a good move.
I see now why you didn't give the picture source. This has been copied and pasted in blocks, from this site:
https://cointelegraph.com/news/whatever-you-say-jamie-jpmorgan-ceo-will-stop-talking-about-bitcoin
This is not acceptable on Steemit and plagiarism and theft are very much frowned upon, as are the failure to credit others for their 'original' work.
Please stop doing this, as you know it's wrong, it's against the genuine flow of Steemit, it's contrary to the positive growth that Steemit has to offer and it most certainly isn't community spirited, which Steemit needs to be to continue to develop. If you have nothing original to share, please try to be creative and if you are not the creative type, please give links to those that are, which you are trying to profit from.
Please consider these points and abstain from this in the future, or you may get downvoted or flagged, which will affect your reputation score.
Thank you.
thanks for your valuable suggestion, i will try to make new creativity...
Thank you for the reply, @bapi and don't forget, if you need help with anything, you only have to holler and you'll get it on here. By holler, I mean shout or ask :).
I apologise for assuming/presuming that you knew that this was a wrong thing to do, or something frowned on. Sorry for that. Good luck with future posts and hopefully I'll be upvoting them for you. All the best, and thank you for not taking this the wrong way, as it was a re-written comment and was not as, shall we say, nice as the original one :).
Sir, thanks a lot for your helpful suggetion..I got my first award from steemitboard. I am new to here.So there may be something wrong.Can you say me..Is there is any copyright issue of the content uploaded or no such bondation....plz reply...thanks..
Congratulations @bapi81! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP