Governments will close down bitcoin and crypto if they get too big, Jamie Dimon

Posted by SirLJ on Friday September 22, 2017 @08:09AM
from the cnbc.com dept.

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

( 2 comments | 7 points | on HN )

Re:Governments will close down bitcoin and crypto if they ge... by garamirez on Friday September 22, 2017 @10:44AM (#15312612)

I really like JD's comments on this Bitcoin madness. This is going to end sooner than later and people is going to get hurt (in their pockets). Greed is good.. but at a reasonable level.. all cryptocurrencies are being fueled by greed.. nothing else.

[ Parent | on HN ]

Re:Governments will close down bitcoin and crypto if they ge... by byoung2 on Friday September 22, 2017 @09:14AM (#15311827)

Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market.

Couldn't that make it more valuable? Take illegal drugs for example...they are very expensive because they are illegal to produce, distribute, but, and sell.

[ Parent | on HN ]