Jamie Dimon calls Bitcoin a fraud
So Jamie Dimon, billionaire bankster and CEO of JP Morgan Chase, just called Bitcoin a fraud:
http://www.independent.co.uk/…/bitcoin-fraud-tulip-bulbs-jp…
hmm…its almost like Bitcoin made predatory home loans then got a bailout and never went to jail? Kinda like a dinosaur trash-talking at the massive asteroid about to hit the Earth?
He could of warned about the dangers/risks of ICO (Initial Coin Offerings) or investing money you can’t afford to lose in a widely fluctuating asset, or worse, derivatives of those assets, fine. He doesn’t like a decentralised digital currency he can’t control, fine. Using “Fraud” just shows he’s either ignorant or pissing himself IMHO . There’s whiffs of the dotcom boom/bust in all this crypto, sure, but something else is happening here too. #newworldorder
Bitcoin peaks above $5,000 for first time
The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk’s price index.
http://www.bbc.co.uk/news/technology-41147007