This just in Jamie Dimon say's mooncoin isn't worth anything....
Does that mean it's time to mortgage my house and buy as much as humanly possible? LOL.
can u give a link on it?
Sorry for the confusion, there is no link I was just joking around based on his previous nonsense crypto currency comments.
Crypto is under a PR attack from many governments, major banks and financial companies.
Their major argument is it's overhyped. Governments say they don't want their citizens lose money and citing that , they don't allow buying crypto.
But the free crypto market has working self-regulation mechanisms. The only problem is volatility. But it could be solved on a level of exchanges.
Let's say a price significantly drops. But then big investors who missed the train earlier, join and a price is rising again.
BTC (and MOON) have their fair price, which is not permanent. If the whole world uses BTC, if there are many BTC atms, BTC services etc, why should we say that it doesn't have any value?
It's nonsense. The mistake is to compare BTC (and other BTC like cryptos) to companies, to securities, to businesses. Or to financial scams. This analogy fails.
BTC, LTC, DOGE, MOON etc are decentralised digital currencies, backed by people. Or maybe not even currencies, someone is saying they are more like commodities, collectables or anything else.
Anyway it's property, and let people own property they like.
Of course, decentralised coins are still something new, and there is a lack of laws, and even a lack of understanding in this sphere.
It's like Wikipedia, only in a financial sphere and without one centralised website.
Maybe some people who work in governments really want to defend someone from investing in crypto, to prevent from losing money, if they believe that crypto is overhyped.
But what if it's not right?
BTC still has a market cap only about 25 percent from Apple's one. Apple is a legend, but BTC is a historical event, a new financial era started with BTC.
To say nothing of Mooncoin, which has some tech advantages over BTC and currently has a market cap, similar to a market cap of small and quite unknown regional company.
Let's say you work in governments and you want to protect people. You think the crypto market is overhyped because it is already 1000 percent or more higher than it was an year ago.
But what if you're wrong? What if it continues rising and in 5-10 years will be 100 or 1000 times higher than now (maybe not BTC, its potential seems to be not so big now (who knows though), but other coins).
Will you agree to accept this responsibility for your nation, for your country, which will not participate in this rise? What if you are wrong, and the future will prove that digital assets are worth something and this worth can be stable, no matter they are not like something what existed before?
What if the whole crypto market can be several trillion dollars, like some experts say? Then there is a lot of room to go. Thus, you will prevent your people, your nation, your country from participating in this historical event.
On the contrary, even a poor or small country can make a big success by allowing crypto, by supporting crypto, by developing blockchain technologies, and technologies without crypto assets/currencies will not motivate people, so crypto assets, digital currencies anyway are an important part of blockchain revolution.
?! why there are several website for mooncoin ?? 
