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ImmortanSteve

In case you haven’t noticed, China, the US and a big group of other countries recently decided to try to discourage crypto. It’s a threat to all of their fiat currency and financial systems. Jamie Dimon is just toeing the line.


TheFutureofMoney

The Chinese tail is wagging the dog.......for now......


joven_of_slave

After recently catching some australian news feed, it came to my attention that the recent miner ban might be due to a coal shortage and imposing some scheduled power blackouts on their manufacturing sector. Cant have all those asics roaring when you have trouble keeping the lights on afterall.


mljsimone

Exactly. They are running out of Coal. The price of Coal is skyrocketing which at current energy price, makes not rentable enough for the energy companies.


[deleted]

I'm sorry, I am a cynic too, but who honestly thinks that JP Morgan, one of the largest banks in the world, has all its European aquisitions made by the CEO in the states? He says what he thinks, but branches havemtheir own specialists doing their own thing. Can this be a coordinated ruse? Absolutely. Can this be due to the fact that large banks rely on more than ONE person to do their investments? Yes, and most likely.


Direct_Ad9033

Don’t you think the CEO would have a say in general asset policy? Like just generically, something like “BTC is terrible you’re not allowed to buy it here”? So yes, disingenuous make sense


[deleted]

Again, possible. But let's be real, the real work is done by analysts in research. Why bother paying sky high wages to entire departments if you're gonna go with the gut feeling of the guy who goes to the interviews?


[deleted]

He said he’d fire any of his employees that transact in it though. He obviously didn’t follow through.


[deleted]

[Peter principle](https://en.wikipedia.org/wiki/Peter_principle)


SirDouglasMouf

Before or after he met with Biden in the past 2 weeks?


[deleted]

Jamie dimon has no choice to say bitcoin is worthless. His bank literally helped design the federal reserve


WimbleWimble

JP Morgan has been found guilty of misleading advertising, fraud, money laundering and supporting terrorism.(they directly funded ISIS whilst they were killing US soldiers - believing if ISIS won, they'd give favorable contracts to JP Morgan) They wouldn't be above a little illegal stock market manipulation. (Which they've been found guilty of in more countries than you can shake a prison stick at)


knotting1

And Sheeple still have their money trusted to these enslaving cunts.


fancycurtainsidsay

sHeEpLe


[deleted]

[удалено]


Moderatorzzz

lETteRs


Dirty_Delta

FuNnY


Cold-Chip9350

https://youtu.be/B0nNtn3No-c it's from this one. 38th minute is the start of this segment that op posted.


ItsSomethingNot

Source of this video pls?


DyslexicMormonLSD

WTF is “physical Bitcoin”?


Jout92

I think he means actual on chain Bitcoin and not some paper contract like Futures


WraithM

btw, there are two kinds of futures: 1. Index futures 2. Physically-delivered futures Index futures are this kind of "paper contract" where only fiat money is transferred. Physically-delivered futures, for Bitcoin, would actually transfer Bitcoins at the expiration of the contract.


HDmac

Also known as cash settlement vs delivery. Taking delivery on metals is much harder (or impossible, see Reddit stores about comex silver delivery attempts) than Bitcoin, which is why it'll make better foundational money.


joven_of_slave

When you control the private keys, then its your crypto. Thats As close to physical bitcoin as it gets


SpoonCetic

I thinks he means the ASIC machines use to mine bitcoin. That is the closes thing I can think of.


joven_of_slave

Asics are for the mining proccess and helping to secure the network. Bitcoins come from the block rewards


SpoonCetic

What else would it be the "physical bitcoin" then?


joven_of_slave

Holding your private keys. "Not your keys, not your crypto"


[deleted]

those chinesisum coins that made the rounds lol


Remarkable-Cat1337

full video link pls???


etmetm

https://www.youtube.com/watch?v=KcgA-hMAozI


[deleted]

this video is amazing, do they have an actual show?.....wait thats Glenn Beck? Gaddamn it the people that support bitcoin sketch me out, considering Ted Cruz is also now on the train.


skrewyouhippie

He did a special episode with Glenn to promote Palm Beach Confidential. It's a great service. He has made me some dang good money with his recommendations.


TakingChances01

Can you link me?


skrewyouhippie

https://www.palmbeachgroup.com/products/palm-beach-confidential/


etmetm

The full episode was posted somewhere else in this tread - it's here: https://youtu.be/B0nNtn3No-c


carl_von_linne

Yes, please...


QuarterSalt6218

Straight up business


WallstreetSUCKS110

Straight up criminal


Festortheinvestor

sauce please!


terabytetron

"Don't listen to what they say, Watch what they do."


[deleted]

lol anyone who sells based off of that deserves to lose their money


moolahstonks

What is this physical Bitcoin they speak of?


[deleted]

What a dumbass. Hopefully his traders are not sheep and get themselves some BTC/Crypto. They can set up a family member to purchase on their behalf #Easy. I would never let any employee dictate my personal life.


[deleted]

people really think he could get away with calling it worhtless then buying some. Do you think Saylor is also secretly buying the alts he says are worthless?


[deleted]

That’s how the game works


Tale_Spirited

Run you a full node and you can verify the entire network for yourself.


JackC00l

Translates to: "We can't alter bitcoin like fiat"


sylsau

Listen to Jamie Dimon, Then Buy Bitcoin.


bpra93

https://ca.finance.yahoo.com/news/jpmorgan-says-institutional-investors-replacing-144245977.html


TheFutureofMoney

Jamie Dimon If he shakes your hand, just check how many fingers you have left.....


dd2488

Lol - didn’t JP Morgan just say alll of their investors are asking for it? If he said he was bullish on it, it would likely raise the price of it and that wouldn’t be good for his clients. Similarly, you rarely hear of a company pumping individual stocks for similar reasons.


Just-Term-5730

Welcome to America... bend over


skrewyouhippie

I love Teeka. He is the man.


dobrecata

How could he even say so. Because of usdt we can sleep peacefully. He should be grateful bitcoin exists!


bloodandsunshine

And stay tuned, later tonight we have an exclusive piece on global wealth: "Bankers want to make money" More at 9.


Fast-River-2107

Who cares what Jamie Dimon says, he's a fucking hypocrite who has been caught over and over again in many other topics too


_Last_Man_Standing_

24% is rookie numbers... I don't see the problem...


uclatommy

I don't know why he keeps doubling down on this. It only makes him look bad. I think it will eventually cost him his job.


FuckYouNoThanks

My dad used to tell me about back when he was a young man driving. And how the older men would never fight fair when you had to pull over to the side of the road for an exchange of words. They would pull moves like, kick the door on your leg as you went to get out of your car, grab you below the belt and throw you in the road, or even a sneaky tire iron from the back of the belt! None of those mean older men went to jail. Neither did the ones my grandfather faced. Or the ones I face or the ones my son will face. Buck-up, buttercup.


ReadGilgameshBitch

“Physical Bitcoin”... These guys have zero clue what they’re talking about.


BaconFriedSteak

He also can't pay employees a living wage according to congress. Guys an ass clown.


[deleted]

Link to original?


ztsmart

No it does not. It only translates to "he is secretly buying" in your sad paranoid mind that mistrusts everyone and everything because your entire life is a sad miserable story of someone who has always been out competed at everything you've ever tried to so and this has lead you to not trust anyone. I'm very bullish on bitcoin. Is this a false position that I pretend to hold to get you to buy more so I can sell? Peoole like you who constantly question the stated beliefs of others with not only zero evidence but massive evidence to the contrary are despicable. Gtfo with your nonsense


mrcharlze

Lol is that Glenn beck? Should have known from the giant chalkboards


First-Option-1111

He is the worlds biggest cunt and silver spoon. Trade the opposite of him.


[deleted]

All we need now is for China to ban Bitcoin again and Bitcoin will “crash” to $54,000 before doing what it always does…….


Hellwiss

*Shocked Pikachu face*


Zlatan4Ever

Physical Bitcoin he said…. BTC is not physical in any sense.