Bitcoin Q&A: My Response to Jamie Dimon

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My response to Jamie Dimon's criticism of Bitcoin as a "fraud." Jamie doth protest too much methinks, because JPMorgan Chase was fined for mortgage fraud.

The world's banks have never faced competition from the internet; the internet is now coming for banking. Industry leaders are going through the five stages of grief: denial, anger, bargaining, depression, and acceptance.

0:00 Jamie Dimon criticized bitcoin. Could you encapsulate briefly what this criticism was and how would you rebut it?
1:00 It's interesting that the head of the largest investment bank in the world finds time to criticize bitcoin
1:30 The world's banks have never been faced competition from the internet
2:10 Banks will go through the 5 stages of grief

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains!

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Andreas speeches on crypto are top notch, we love you!

amnesia
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One of the brightest minds in the cryptospace. Just brilliant!

mariomalloc
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He handled that like an absolute boss!

CryptoMiningChannel
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Ok, I move that we revoke Roger Veer's title of bitcoin Jesus and award it to Andreas instead.
Who's with me on this? Up vote or reply.

VentionMGTOW
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"the internet is coming for banking"

BoondocksBotanicals
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Andreas you are climbing the charts as one of my very favourite human beings.

thomasking
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The wittiest, most charismatic, brightest, crypto' evangelist on the planet. Keep on keepin' on, Andreas!

curiousgeorge
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Hold on Bitcoiners. It's going to be a wild ride

Ghostmaker
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the closing quote: "good luck, i hope you keep that attitude until the very end"

Could not agree more.

stevebirch
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Hey Andreas, brilliant and helpful as usual! Looking forward to hearing more from you on the "Bitcoin vs. Bitcoin Cash War". Thanks!

MarkShepard
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1:38 "When the internet comes for your industry, it doesn't end well." -- Classic aantonop!

tensevo
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I hope Mr. Dimon keeps that attitude towards the end as well, but in all honesty, I don't think it will matter.

michaelmione
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You didn't answer his question
What is bitcoin's financial basis and intrinsic value?

lgent
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The best YouTube video I’ve seen Andreas do so far.

ShaunsCollectibles
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Ha! I had a chat with my local bank manager recently because I was borrowing some money to invest in cryptos. He had heard of bitcoin but didn't know anything more than that. I emailed him the URL for one of Andreas' videos and explained to him that he will most likely lose his job as a bank manager, but may well begin a whole new career as a financial adviser to people, helping them budget and save but also to pose questions such as "What is most important to you? What are your principles? Where do you want to spend your money?" There's new hope for bankers ;)

heathergrahame
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Loving these videos! Addicted to the channel great information on bitcoin. More people need to be informed for sure.

StatisticallyChallenged
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Why can't our politicians be as smart as this man? oh thats right, its because they're only in it for themselves.

delayed_transmissions
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If Bitcoin ever had a Mount Rushmore, it would be Andreas Antonopoulos, Probably Vitalik (ethereum), a big question mark place marker for Satoshi Nakamoto, and that's it.

johnta
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I love how there are no dislikes on this video

BITVOLT
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A debate between Andreas and Jamie would be epic.

billanthony
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