JPMorgan CEO Jamie Dimon has been consistently wrong on bitcoin, says Galaxy CEO Michael Novogratz
Michael Novogratz, Galaxy founder and CEO, joins ‘Squawk Box’ to discuss bitcoin’s recent surge and crypto rally at large, what’s driving the moves and impact on investors, JPMorgan’s CEO Jamie Dimon’s comments on crypto, state of bitcoin ETF, 2024 outlook, and more.
Someone consistently wrong and being stubborn is pretty clear he is in leagued with Elizbeth Warren and the rest of the old guards trying to hang on to what power they have. Humans are feeble and full of weaknesses. One of the weakness is refusal to adapt, change and grow. So they become old, and obsolete such is the laws of nature. For centuries, human nature never change and the same mistake theses people will continue to make until they no longer walk the earth. Otherwise, human race would never advance. A wise man would say, why fight the change? It's better to go with the flow.
Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Lukas Signal trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about his expertise in the market.
The very idea that a government should or even could shut down crypto reveals the ignorance or desperation of Dimon! The whole point of crypto is taking financial control away from stupid and corrupt governments who keep debasing their own currencies!
Thank you,β€ you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs sharon β€
70% of Bitcoin has been held by the same people for years. The buyers today are the same buyers as the original buyers. Itβs just the same people doubling down over and over again
Iβm hoping to end the rat race by 60. Iβm 52, $600K net worth. I know money is a liability, not an asset. You have to exchange it for assets that represent real value. Real estate (properties for rent) Stocks (dividends) Bonds (interest) So, what is it with bitcoin?
I'm still waiting for the government's decision about that issue and I hope the government can find valid evidence about that illegal transaction based on JP Morgan CEO Jamie Dimon said ππ€π€π€ππ. I'm sorry if my statement is wrong π
Banker wants to "shut down" his competition/replacement. Hardly surprising… They talk as if banks have never been caught laundering money, manipulating markets, and crashing them altogether…
Jimmy Diamond was right and the bitcoin may threaten US dollars domination in the world currency. But how it might be too late to stop it and even how to regulate it they couldn't even figure it out. It definitely a threat to American power unless US knows how to use it to benefit the power of American elite or maybe the deep state.
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Someone consistently wrong and being stubborn is pretty clear he is in leagued with Elizbeth Warren and the rest of the old guards trying to hang on to what power they have. Humans are feeble and full of weaknesses. One of the weakness is refusal to adapt, change and grow. So they become old, and obsolete such is the laws of nature. For centuries, human nature never change and the same mistake theses people will continue to make until they no longer walk the earth. Otherwise, human race would never advance. A wise man would say, why fight the change? It's better to go with the flow.
Day trading is where the pulse of the market truly comes alive! Every moment presents a new opportunity, and for those with the passion and precision, the rewards can be monumental. It's not just about quick trades, but about harnessing the power of the market in real-time. Dive in, seize the moment, and let every trade be a step towards achieving your financial dreams,I've personally benefited from following Lukas Signal trading tactics, amassing 23 bitcoins in a short seven weeks period of day trading , which speaks volumes about his expertise in the market.
Of course he would, crypto will tair down the traditional financial system
Yellen must be pegging Dimon AND Powell. Dimon doesn't like when there's competition to his cash cow puppet masters at the fed
The very idea that a government should or even could shut down crypto reveals the ignorance or desperation of Dimon! The whole point of crypto is taking financial control away from stupid and corrupt governments who keep debasing their own currencies!
JPMorgan coin anybody? (via Onyx) I mean, does Mr Dimon think the world is full of idiots? Talk about hypocritical arrogance. The mind boggles.
πlmfao, yup
Thank you,β€ you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs sharon β€
70% of Bitcoin has been held by the same people for years. The buyers today are the same buyers as the original buyers. Itβs just the same people doubling down over and over again
Jamie does not like Bitcoin because all transactions are transparent and the value cannot be deflated or controlled by governments.
Iβm hoping to end the rat race by 60. Iβm 52, $600K net worth. I know money is a liability, not an asset. You have to exchange it for assets that represent real value. Real estate (properties for rent) Stocks (dividends) Bonds (interest) So, what is it with bitcoin?
I'm still waiting for the government's decision about that issue and I hope the government can find valid evidence about that illegal transaction based on JP Morgan CEO Jamie Dimon said ππ€π€π€ππ. I'm sorry if my statement is wrong π
Crooks not wanting other crooks in the same business
He says that but then turns around and JP Morgan keeps on buying bitcoin lol typical behavior of saying one thing and doing another.
And Diamond also was in business with Epstein
Banker wants to "shut down" his competition/replacement. Hardly surprising… They talk as if banks have never been caught laundering money, manipulating markets, and crashing them altogether…
Its funny Jamie Demon is a US fiat criminal , why he is not in jail
Banks hate bitcoin because they cannot make big money on it. It might change with real etfβs and then, mark my words, banks will suddenly love it.
Notice how the multi billions of dollars Jp morgan been fined for illegal actions was not been brought up?
Jamie Dimon claimed crypto is only good for money laundering.
Well it turns out it's been Jamie Dimon who is the one money laundering
https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us
Jimmy Diamond was right and the bitcoin may threaten US dollars domination in the world currency. But how it might be too late to stop it and even how to regulate it they couldn't even figure it out. It definitely a threat to American power unless US knows how to use it to benefit the power of American elite or maybe the deep state.
What can you buy with bitcoin
JP Morgan owns a lot of stock in bitcoin miners!! Obviously Dimon is full of crap
The fact that he thinks he can ban it πππ