An Open Letter To A Bitcoin-Doubting Friend On Wall Street
Being employed by Wall Street colors how some people view Bitcoin. This letter is an attempt to lead one such person to the Bitcoin rabbit hole. Dear Wall Street friend, …
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METAMATES FOR LIFE | MARKET OPEN
Let’s look at all the news from this morning and discuss metaverse plays by Mark Zuckerberg and Jamie Dimon. How are JP Morgan and Facebook doing? 🚨I Am George NFTs:…
Read More »JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be…
Read More »JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can…
Read More »JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price…
Read More »JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are…
Read More »Another Wall Street Giant Prepares to Join the Crypto BandwagonÂ
Goldman Sachs (NYSE: GS), a Wall Street investment banking heavyweight has revealed plans to launch its own distributed ledger technology (DLT) based cryptocurrency just like Jamie Dimon’s JPMorgan, reports Forbes…
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