JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that will eventually blow up

Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by yyyyip on Tuesday September 12, 2017 @02:38PM (#15230188)

Thankfully, the blockchain's 8 million trillion hashes per second and robust elliptic curve cryptography don't care what Jamie Dimon thinks.

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Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by nwah1 on Tuesday September 12, 2017 @02:44PM (#15230289)

And my mountain of Beanie Babies don't care what anyone thinks either. The value can only go up.

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Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by mrb on Tuesday September 12, 2017 @03:27PM (#15231096)

Unlike Bitcoin, Beanie Babies solve zero technological problems.

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Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by wil421 on Tuesday September 12, 2017 @02:57PM (#15230494)

Who cares at the end of the day it's still just numbers in a account. It just so happens adding $ before the numbers make it much easier for me to spend them.

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Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by synicalx on Wednesday September 13, 2017 @12:43AM (#15235613)

But unfortunately, most of the ~27 million businesses in North America don't care at all about Bitcoin.

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Re:JPMorgan CEO Jamie Dimon says Bitcoin is a fraud that wil... by sogen on Tuesday September 12, 2017 @02:52PM (#15230408)

Elliptic curve cryptography has been brute-forced:

https://it.slashdot.org/story/02/11/06/2154224/weak-elliptic...

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