🍀 Speaking today at the New York conference, the longtime opponent of crypto-currencies, JPMorgan CEO Jamie Daymon called bitcoin the tool of drug dealers and said that the current hype around him is worse than 'tulip fever.'
The head of JPMorgan also said that he would fire any employee who trades bitcoin.
🦋 'First, it contradicts the company's rules, and secondly these traders are stupid,' he stressed. 'If you sell drugs in Venezuela, Ecuador or North Korea, or take a fee as a hired killer - for such cases it is better to use bitcoin than US dollars.'
🍀 Daimon believes that bitcoin in the future can not exist without state supervision, especially 'if something goes wrong.'
'Someone will be killed, and then the government will attack the crypto-currencies - this is exactly what happens in China. Governments like to control their money supply, 'he said.
🍀 However, Dimon sees the prospects of blocking technology, which underlies crypto currency, although he admits that it is unreal to introduce it into the banking system overnight.
🍀 Perhaps his statements are made against the backdrop of information about the use of bitcoin by hackers from North Korea for attacks on the South. Venezuela's crypto-currency market and mining also often appear in headlines, as the national currency has fallen so much that it costs less than the gold of the computer game World of Warcraft. Perhaps, Daimon connects these events with the popularity of bitcoin.
🍀 According to many analysts, today's drop in the bitcoin rate is connected with Daimon's statements, although there is nothing unexpected: it's not the first time that he criticizes crypto-currency, and there is not enough words to break the 400-bit bitcoin. Probably, more objective reasons, for example, confirmation of the closure of Chinese crypto-exchange exchanges, will become known in the near future.
🍀 Such statements have long ceased to amaze the crypto-currency community, as they sounded three and five years ago, but bitcoin repeatedly proves its viability. And it is even more strange to hear the words about the absence of any kind of bitcoins at a time when the US public debt yesterday set a new anti-record, surpassing $ 20 trillion, once again ahead of the country's GDP, which in 2016 amounted to 18.57 trillion dollars.
🤗 source: http://bits.media 🤗