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RE: The World of Cryptocurrency - Jamie Dimon

in #bitcoin7 years ago

I do see one thing with this that is consistent with Dimon's hatred of Bitcoin. He could short on Bitcoin in the hopes that it collapses. If it does, he makes a lot of money.
Say for example, that Bitfinex folds. It's a serious possibility. This could send crypto into a downward spiral much like the Mt. Gox crash. It's possible he could short on that possibility and make a lot of money if it happens.

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One thing is sure, he is eating his words now, LOL