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Topic: "Jamie Dimon: You're Wasting Your Time With Bitcoin" - Reactions? - page 2. (Read 1325 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
"There will be no currency without government control" He is unfortunately right on that point. We will have government regulations of bitcoin in the future.
Just wait a bit when bitcoin will be bigger and worth more, then government will strike.

It may be small but BTC is running as currency right now without government control. The ways to get into it are certainly within its tentacles but there are ways around that too if you're that committed.

No doubt the noose will tighten but there's always be workarounds.
legendary
Activity: 1582
Merit: 1064
Banks until now have said we love the blockchain, but hate Bitcoin.

Jamie seems to be running down the blockchain as well. He says the blockchain wouldn't offer improvement in areas like trading of stocks. This is plain silly. Why would you be satisfied with a 2 day settlement period, armies of men keeping track of transactions, possibilities of errors, etc, while the blockchain can do a better job in 10 minutes?
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
"There will be no currency without government control" He is unfortunately right on that point. We will have government regulations of bitcoin in the future.
Just wait a bit when bitcoin will be bigger and worth more, then government will strike.
jr. member
Activity: 46
Merit: 1
Interested to see how people on this board would respond to Jamie Dimons statement about Bitcoin and Blockchain technology. Here's the link http://fortune.com/video/2015/11/04/jamie-dimon-youre-wasting-your-time-with-bitcoin/
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