I'm not a Dimon fan, but agree with him on cryptos

Q.E.D. said:
Jamie Dimon: Bitcoin and Other Crypto Tokens Are ‘Decentralized Ponzi Schemes’
https://www.marketwatch.com/article...d-ponzi-schemes-51663840617?mod=mw_latestnews
More...

Jamie is obviously heavily biased with regard to crypto or gold.
If crypto increases in value or use, that's less money & transactions at Chase Bank.
If the value of gold doubles, that's an additional ~12 trillion dollars stored outside the banking system.
IMO, banks are suppressing the price of gold & bitcoin with the paper markets. BTC would have been better off without BTC futures. Government & banks are so intertwined they both want prices suppressed so regulators look the other way.
 
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