I believed there is financial politics also. Jamie Dimon CEO of JPMorgan as he declared that Bitcoin is Fraud, His staff had meeting also with Etherium Enterprise Members (EEA) this group is pushing Etherium to overtake bitcoin. But I think they are late already although Etherium is #2 it takes many years to overtake Bitcoin. Crypto-currencies are the hottest investment right now which I believed JPMorgan wants to dominate because of fast movement or uptrend from 2010 to present. But as John McAppe (MGT Capital CEO)discusses that He predicted that Bitcoin will hit $500K with the next 5 yrs and he said therefore no central banks of government can stop crypto-currencies. He said that if the Government will stop they will use huge resources so John McAppe advises that Governement it's better to tax than rather to stop it's better to capitalize the crypto-currencies to tax and raise more money to use for infra-projects and that's the wise move. China I believed that they are stopping ICO and Bitcoin Exchange only Temporary due to Communist Party meeting on 15 Oct. 2017. the Political Leaders are connected with Chinese Billionaires who involve in Crypto and Chinese Gov't will approve again ICO and Bitcoin Exchange after 15 Oct.
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