John McAfee On Bitcoin..
Earlier this week JP Morgan (JPM – Get Report) CEO Jamie Dimon caused Bitcoin to plummet in value when he called the cryptocurrency a “fraud” and “worse than tulip bulbs.”
That ruffled quite a few feathers. Alex Gurevich, the CIO of HonTe Investments who formerly ran macro at JP Morgan, had a few heated words for Dimon.
Jamie, you’re a great boss and the GOAT bank CEO. You’re not a trader or tech entrepreneur. Please, STFU about trading $BTC.
— Alex Gurevich (@agurevich23) September 12, 2017
And in response to Dimon’s comments, John McAfee, CEO of New York-based MGT Capital Investments and the founder of a antivirus software company, challenged Dimon on CNBC’s “Fast Money.”
Makes total sense when you know the facts!
His bottom line is being affected by it, he doesn’t want it to succeed, so the Establishment Billionaires are trying to take it down by creating fear, that by the way is absolutely baseless!
At the same time the banks are adopting the underlying block chain technology. The Bank of England is introducing a gold backed crypto currency and the Federal Reserve is working on what they call EFed their own crypto currency
The markets are starting to accept it, people like this guy wants it to tank, so going around calling it a fraud did cause a scare.. lets think about what is really the fraud.. hmmm the dollar based on nothing perhaps?
Yesterday I did a training on how I promote Bitcoin..
If you wanted a peek inside this is it!