JPMorgan's Dimon blasts Bitcoin as 'worthless', due for regulation

Re:JPMorgan's Dimon blasts Bitcoin as 'worthless', due for r... by m0zg on Monday October 11, 2021 @09:49PM (#28835168)

If Jamie doesn't like it, I like it even more. At a first approximation, whatever is bad for JPMorgans and Goldman Sachs' of the world, has a high probability of being good for the rest of us.

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Re:JPMorgan's Dimon blasts Bitcoin as 'worthless', due for r... by robotsteve2 on Monday October 11, 2021 @10:03PM (#28835262)

You need more than a first approximation.

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Re:JPMorgan's Dimon blasts Bitcoin as 'worthless', due for r... by EugeneG on Monday October 11, 2021 @10:16PM (#28835344)

And it's a crappy first approximation at that! "Banks are evil because I heard that banks are evil and I don't really understand what they do."

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Re:JPMorgan's Dimon blasts Bitcoin as 'worthless', due for r... by m0zg on Monday October 11, 2021 @10:19PM (#28835366)

Actually I understand _exactly_ what they do, and how Bitcoin (and crypto in general) threatens their business model. But go on with your strawman, please.

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Re:JPMorgan's Dimon blasts Bitcoin as 'worthless', due for r... by EugeneG on Monday October 11, 2021 @10:26PM (#28835428)

Impressive.

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