JP Morgan CEO Calls Bitcoin A Fraud

JP Morgan CEO Calls Bitcoin A Fraud

...the more reason why you should own it...!



Today, the Chief Executive of JP Morgan, Jamie Dimon, called Bitcoin “a fraud” and “worse than tulip bulbs.”
However, as TechCrunch reports, the criticism is ironic considering the fraudulent and immoral actions of JP Morgan and other financial institutions which lead to the 2008 financial crisis. 


At its core, Bitcoin eliminates the middleman, the bank, by providing a means to safely transfer money directly from one individual to another.
So it's in the bank's best interest to refute technology they can't profit from.


The Blockchain ledger ensures that Bitcoin will always be a currency free from Wall Street corruption that brought about events like the subprime mortgage housing bubble.
JP Morgan received a $13 Billion government bailout, which Bitcoin will never need. To the Bitcoin community, Dimon’s criticism simply falls flat and misses the point of a decentralized currency.
Bitcoin’s price has been volatile, reaching record breaking highs last month and then dipping down again recently amid fears on China’s ruling. But many experts see this as a great buying opportunity.
Bottom line: regardless of fluctuation, nothing will change the foundation and true value of Bitcoin, transparency and decentralization, which makes Wall Street uncomfortable. 

What are you waiting for? Join the rage now and be part of the new way of earning, saving and using money in the new millennium. It is the Bitcoin way...
I Am An #APC- Agent of Positive Change
We know how busy life gets, and pulling the trigger for something like this often gets pushed into the background but the fact is that you need another source of income if you are not meeting up with your needs and wants alike so...
Register through this link and start claiming free Bitcoins.

Your Crypto Faucets Follows Immediately:

1. BitFun

 2. BonusBitcoin

 3. MoonLitecoin

4. MoonBitcoin

5. MoonDogecoin

 Other Legit Faucets That's Paying Right Now:

6. FreeBitcoin

 7. FreeDogecoin

I Am Your Friend!

You can equally follow me on Facebook, Twitter and Instagram if you need any assistance, I am here to help



JERRY TUTU (MLM PHILOSOPHER)


Comments

Post a Comment

Popular posts from this blog

Coinpot - The Cryptocurrency Micro-wallet With A Difference

Image
Coinpot - The Cryptocurrency Micro-wallet With A Difference Coin Pot is made as a faucet micro-wallet for Bitcoin (BTC), Dogecoin (DOGE) and Litecoin (LTC)  It can make you claim crypto coins from faucets like Bitfun, Bonus Bitcoin, Moon Bitcoin, Moon Dogecoin and Moon Litecoin for free. The claimed cryptos are saved directly into Coinpot . In coin pot you can convert one crypto into the other and vise visa eg: BTC to Doge,  Doge to LTC, Doge to BTC as you like . Most times, I claim Doge and convert it into BTC or into LTC because of their viability. You do need to create a coinpot account. To create your account you simply click www.coinpot.co and register with your active email, choose a strong password. A confirmation message is sent to your email. You click the link and you have your account ready to be loaded with free crypto coins. So what are you waiting for. Register now and start collecting free cryptos. HOW TO REGISTER FOR C...
Read more

Cryptocurrency Takes Over - Bitcoin, Ethereum, Bitcoin Cash And Litecoin

Image
Cryptocurrency Takes Over  Check out:  ALL CRPTOS MARKET Bitcoin’s charge is on the rise once more having dropped 20pc in less than three days following China's choice to clamp down on the volatile cryptocurrency. The fee of ethereum and different leading cryptocurrencies like Bitcoin cash, Ripple and Litecoin has also climbed, with their overvalue increasing by means of 17pc. Billions were wiped off their blended values after China’s vital financial institution said preliminary coin offerings (ICOs) are unlawful and asked all associated fundraising pastime to be halted right away. “troubles of this kind... and offences committed in past operations may be critically penalised," said the people's bank of China. The fee of bitcoin has jumped again as much as $4,529, convalescing from a low of $4,000 on Tuesday morning. Ethereum’s charge has risen and is trading at $338 having falling by way of almost 30pc from its $408 on Saturday....
Read more