Jamie Dimon calls bitcoin a 'hyped up fraud' #Shorts

[sanesanyo]

Because it's is the code mate which is open source. You can read it. It is 21 million, that's it. FYI I am not supporting Bitcoin in any way. But I had to say something to this non sense.

[TayWay]

😂 I remember when he said, I’ll fire anyone of my employees who buys bitcoin, then over the weekend, JP Morgan was the single biggest buyer of bitcoin 😂. True predator and he runs the biggest bank… that’s scary!

[american]

He just calls it a fraud, because it competes with his fraud.

[RakeshJangla]

Santoshi’s photo going to show up after 21 million bitcoins are minted? That is awesome! Makes me want to buy more…

[KenLoebel]

Didn't 46 state attorney general offices file fraud charges against his organization? I wonder if Chase was a net buyer of bitcoin in Europe while he was talking down its value.

[DurinRhohan]

the bank he runs has bitcoin funds for clients

[Simon-plzi]

but according to Dimon the central bank digital currency isn't fraud. what a hypocrite.

[DAVIS__]

Dimon craps on bitcoin si he can scoop the dip.

[thegamerwhopwns]

Hahah I found it funny tbh when he called it a pet rock 😂

[Anfwon]

Aka Fed coin isn't a scam but decentralized coins are... Something a bank would say

[FredoFreedom]

Blackrock is investing in bitcoin and Jamie tries to spin to say its about ledger technology.. sounds like a dam fool.

[rayveloso]

He is scared and is very ignorant …. “How do you know there is only 21 million” ? , it is in the code genius .

“Bitcoin is not controlled by any single group or person. Instead, it is governed by multiple stakeholders — including developers, miners, and users. Developers write the code that makes Bitcoin run; miners validate transactions; and users put the software to work by trading, transacting, holding, and more.”

[DinkyDingus]

This guy clearly has something to lose with bitcoin being successful

[RM-cfpw]

If I was the CEO of Walmart would I say Amazon and Dollar General are the future? If I work at Reebok would I say Nike is doing great by making renewable shoes? If I owned 5 guys burgers and fries would I run commercials about how salads are healthier than burgers???? Think people. Think !! Please 🙏

[FactsOnlyPlease.]

And do not banks have a long history of fraud, bailouts, and unnecessary fees and charges?

[PR-otqd]

Regarding the latest take, yes, the maximum ammount can indeed be changed, but rellies on over 90% vote from all network participants, which is highly unlikely.

[alexandergallant]

JPM was bearish today and made me a little money. Keep talking!

[PsychicMike]

While he is saying this, he is trying to drive down the price so he can buy much much more bitcoin before you do. That's a fact.

[s.d.crockett]

And I love how he “explains” the ledger system to these guys. Priceless.

[CarlosRamirez-ykwv]

Never listen and old person talking about new tech, they don’t understand anything.