That's right folks! The CEO of JP Morgan Bank, which was bailed out to the tune of $12 Billion in 2008 says this!
He also said "he would fire any trader known to be trading the cryptocurrency"
Considering, the growth that Bitcoin has experienced for the last several years since its creation, I would fire anyone that wasn't trading it! You have to think about why this person would say something like this. If you consider his possible motives and concerns, it's clear why he would want to spread fud.
It's kind of hilarious, considering he said it in 2016 as well.
LOL, BTFD or HODL
Apparently, he does not realize what Bitcoin was designed for, or at least he will not acknowledge that it is succeeding in it's task. The libertarians finally got tired of whining and the central banking system cannot stop cryptocurrency at this point. They could try with Bitcoin. You can bet they have and will continue to try to break it. Even if they succeed, there are plenty waiting in the wings to emerge stronger if needed.
Not only that, the idea has already caught on and there is already technology that is making improvements on the model, like Bitshares! If you are keeping up with any of these developments, you know that Dimons statements are laughable!
I don't think the banksters would even try to do it this way. They would use something like Ripple or some other means of taking over the crypto market slowly and surely. Fortunately, this crypto market is being built by some of the most brilliant, forward looking, individuals of our time and this has all been anticipated.
He might as well take the Central Bank of Finlands approach.
