Jamie Dimon has called BTC a fraud again - don't listen to this smug asshole.

Jamie Dimon is back on his crypto bashing campaign, and recently called BTC a "hyped up fraud"

This got me thinking about Jamie Dimon, and how much I hate him, which led me to an interesting 2017 article outlining his track record speaking about BTC, and his history at JP Morgan:

https://medium.com/@blairerickson/how-is-a-corrupt-criminal-like-jamie-dimon-not-in-prison-for-fraud-f3a1e7eb4cf6

(I'm not sure how much is factual)

This man, who in 2013 attempted to file 170+ patents of a BITCOIN CLONE (all of which were denied) - and continues to file patent after patent for crypto related tech, has also made it his life's motivation to convince the world that BTC and other cryptos are "Decentralized Ponzi Schemes"

He does so without any factual evidence and rudely interrupts anyone trying to disprove him in interviews, as is entitled billionaire etiquette..

He has been known to say things along the lines of - "crypto as a technology should belong to the banks" or "crypto is a valuable technology for banks like us to move our money", but has also been quoted to say "Bitcoin is a decentralized, hyped up fraud".

He then goes on to offer BTC and other cryptocurrencies or crypto products to his client base, but only after he calls it a fraud.

It is quite hilarious that he continues to claim that BTC is a fraud, because (according to the above article) his bank has been charged with over 27 BILLION in financial related penalties since 2008, ranging from securities abuses, to market manipulation, to mortgage abuses (and this is going off a source from back in 2017)..

It must be nice to have a legit organization (like a bank) in which you can write off blatant financial misdoings as honest mistakes, and continue to line your own pockets off of the backs of honest working people; all the while continuing to act like a self absorbed entitled fucking prick.

It is clear that Jamie Dimon masquerades BTC as a fraud, when in reality, it is a threat to the exact type of fraud he has grown accustomed to getting away with.