So the CEO, Jamie "The Prick" Dimon, of JP Moran Chase has decided to shut his pie-hole about bitcoin going forward.
It seems that Marianne Lake the CFO of JP Morgan has decided to embrace Blockchain technology. But only ones that are "taken care of" Yes that's right, taken care of.
So I guess that BTC is not done right according to JP Morgan Chase but the Blockchain itself is too important to dismiss and it must must eventually be embraced.
What I take from her comment is that JP Morgan Chase and the SEC and other bankers are going to try get control of Digital Currency's going forward. I would start to look for a big push from the the banksters now that they know Crypto is here to stay. They see the future and it does not have room in it for them or the Ferderal Reserve.
So Marianne Lake is pushing for regulation and control of crypto currencies. I would look for this to take center stage going into 2018 when a new legislative session starts in thr United States Congress. We are in for some uncertain times ahead but at least now we know, THEY KNOW.....
Jamie Dimon knows..... Bitcoin is here to stay.
Just my two STEEMS Worth.
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He didn't figure out anything, he knows from the beginning that it's here to stay he just wanted to by his own at a lower price.
I'm glad that dood finally got his pie-hole shut. I pretty much follow the Blankfein guy sentiment when it comes to cryptocurrencies.
Nice post.
@libertyranger I definitely agree with you in that bitcoin and cryptos are here to stay, and how can this guys of the so called large bank of JP Morgan say that bitcoin is a fraud, like if crypto was a fraud, without any arguments, and at the same time one of their branches buying bitcoin, and now saying that they will work with crypto. Their way of proceeding has no sense, and yes, it makes sense, that they are just manupilators. And they always have been. The only different, and a big difference from the past and now, is that we have the super speed of the internet and social networks, were information and communication is shared instantly. This makes everyone to know what is really going on. This is a quality post and I will certainly mention you in any of my ongoing posts. Upvoted. @gold84
Thank you for your input on this. When Dimon said BTC was a fraud it really hurt a lot of people. The man I think has figured it out. WE ARE NOT GOING AWAY.
While saying Bitcoin is a fraud, he was probably buying a whole lot of Bitcoins. Hypocrite much? 🙄
@libertyranger yes, he hurt a lot of people. Decentralized systems like STEEMIT will empower people and hope this guys will not be able to make this type of hurt in the future. @gold84
Hmmm, he is only gonna shut up untill JPM needs to buy another large position!!
Funny how people like him, only have anything to say when they want something!
poor guy, finally he figured it out :)
looks like 2018 is going to be interesting. upvoted and followed you. thanks :-)
i believe his daughter is probitcoin
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It is the banksters playbook.