“Bitcoin, a Decentralized Ponzi”: JP Morgan Boss Strongly Upset About Cryptocurrencies

When you don’t want to, you don’t want to – jamie dimond persist and sign: he is incorrigible detractor of Satoshi Nakamoto’s invention. Already in 2017, already qualified Bitcoin (BTC) of “fraud”. Although the bank of him, the JPMorgan ChaseFully Exploits Bitcoin’s Legacy Blockchain Technology, CEO Continues To Insult Crypto King, Comparing Him To A Ponzi.

Jamie Dimon still considers Bitcoin a scam

What is going on in the head of jamie dimondMegabank CEO J. P. Morgan ? Last April, one would have thought that there softenedRealizing the benefits that decentralized finance (DeFi) and blockchain technologyboth brought by cryptocurrencies.

during a recent statementJamie Dimon still has bitcoin went down in flames and decentralized cryptos. insisting all the cliches On hacks, money laundering, and other criminal activities allegedly related to crypto, the JP Morgan executive says:

“I am a huge skeptic of cryptocurrencies you call currencies, like Bitcoin. These are decentralized Ponzi schemes. (…) They are dangerous (…) and the idea that they would do anyone any good is unbelievable. »

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JP Morgan: Enemy of decentralized cryptos, but admirer of their technologies

Jamie Dimon obviously prefers cryptocurrencies and blockchains. well centralized and obedientWhat JPM Currency of your own bank for example… And besides, the stable coins also find grace in his eyes.

Stablecoins yes, but “properly regulated” and framed, at the service of banks. To the point that they won’t have nothing more to see with decentralized stablecoins, such as the ICD from MakerDao for example.

If the banker confirms that “at JP Morgan, we are big users of blockchain”so it should be understood that the distributed books in question must be fully lockable Y objectionable by the banks that administer them. On their own initiative, or by order of a “nice” government.

When we see that one of these “beautiful” governments, supposedly democratic like the Canadacan decide freezing the bank accounts of his opponents from one day to the next (case of the protesters of liberty convoy in February 2022): these tethered cryptocurrencies make It gives me chills. Afterwards, some may think that a multinational banking company like JP Morgan wants them well. It takes everything to make a world.

In France, at least things are clear! Registration with the AMF, PSAN status, the CZ platform is on the nails. Run to register on BinanceTHE absolute benchmark for crypto exchanges (trading link).

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