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RE: Jamie Dimon is wrong, and he knows it

in #cryptocurrency7 years ago

Good article -- Like everyone else, I very much agree. It seems you are preaching to the crypto choir here! So, I thought I'd introduce a little devils advocate: Just because Jamie Dimon has incentives (and seemingly large ones) to see Bitcoin and other cryptocurrency markets fail doesn't necessarily mean we should completely disregard his insights. Dimon is an expert in his field, and his voice is likely representative of an influential sect of the banking elites. His power is evident in the considerable BTC drop after his words went public which, to me, is a reason to keep an eye on his actions. Moreover, comparing crypto markets to 90's internet may be unfounded. While there are similarities, BTC/crypto-markets do have fundamental differences, and the future is ultimately unpredictable. Anyway, take my counters with a grain of salt as well.. appreciate the article. Best ~

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