Topic: Wells Fargo calls bitcoin is a scam - page 3. (Read 412 times)
yes no matter what, the top bankers, and government people will always be negative, just ignore their comments,
I think Banks are afraid of Bitcoin because it means less profit for them. And less chance of keeping people's money and paying them hardly any interest. So they get rich on their customers money. So if Bitcoin is a scam then they are bigger ones.
Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
It's a bank. So what do you expect.
Bitcoin is probably the biggest threat to them since they exist.
And they know this very well! So they will do anything to slow down it's further progress.
Bitcoin can't be stopped, if they like it or not. The glorious days of banks as we know them today are going to find an end sooner or later.
It is just another addition to the list of bitcoin haters. Like bitcoin didn't make sense to Mr. Dick (Lol!!), his statement didn't make sense to me because he called bitcoin a pyramid model. It clearly shows that he doesn't even know a bit about bitcoin. To him, it's probably an alien coin. SO it's better that we ignore his mischievous statement and forgive him. Let him do well in the banking business and I hope he will try to gain some knowledge before he makes another foolish statement about bitcoin.
Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
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