I took the time out of my 15-hour data analytics day job to interview 3 experts and I hope you guys appreciate the work that I do. I manage to identify these experts through reddit and Bloomberg.
Jamie Dymon, CEO of JPMorgan Chase
“I personally think that bitcoin is worthless,” Jamie Dimon, chief executive officer of JPMorgan . “Our clients are adults. They disagree. That’s what makes markets,” Dimon said. “So, if they want to have access to buy yourself bitcoin, we can’t custody it, but we could give them legitimate, as clean as possible, access.”
Jamie Dimon on BTC:
2014: “terrible store of value”
2015: “will not survive” “will be stopped”
2016: "going nowhere"
2017: "a fraud"
2018: "don't really give a shit"
2019: [JPMCoin launch]
2020: “not my cup of tea”
2021: “I have no interest in it” “fool’s gold” “worthless”
Warren Buffet, Chairman and CEO of Berkshire Hathaway
“I’m gonna dodge that question,” Buffett said. “We’ve probably got hundreds of thousands of people watching this that own bitcoin, and we’ve probably got two people who are short. So we have a choice of making 400,000 people mad at us and unhappy, or making two people happy, and that’s just a dumb equation.” Bitcoin skepticism isn’t a new position for the two leaders of Berkshire Hathaway. Buffett has called bitcoin a “delusion” and “rat poison,” and he vowed last year to never own any cryptocurrencies, arguing they attract charlatans and “basically have no value.”
Mr. Goxx, Hamster who trades Crypto
The hamster, named Mr. Goxx, likely after a now defunct crypto exchange Mt. Gox, has been trading cryptocurrency since June, and has seen gains of 16.62% as of Monday. The S&P 500 has gained about 4% over that same period.
Goxx’s owners set up his hamster wheel to rotate through several cryptocurrencies while spinning, and stopping on one when Goxx exits the wheel — this is called the “intention wheel.”
After the crypto is selected, Goxx can run through either the “buy” or “sell” decision tunnels in his cage. According to the Twitch account that streams Goxx’s trades, his choices are sent over to a real trading platform.
I love crypto. If a hamster can do it, so can you!
Portfolio of each expert
| Name | Crypto Holdings | % owned |
|---|---|---|
| Jamie Dymon | ? | ? |
| Warren Buffet | ? | ? |
| Mr.Goxx | ? | ? |
I hope you like my detailed analysis of each crypto holdings that each of them owns. Remember to only buy high and sell higher
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