Jamie Diamond, JP morgan and blatant hypocrasy

[marcelchuo]

We have all seen the recent news when JP Morgan's Jamie Diamond mentioned that bitcoin is in a bubble,
https://www.reuters.com/article/us-usa- ... SKCN1BN2KP

But they applied for patents that copied bitcoin tech and failed, 175 times to be exact
https://www.ft.com/content/e230307a-61c ... 144feabdc0
http://www.zerohedge.com/news/2013-12-1 ... -175-times

Plus in May this year they were trying to include Zcash anonymity to their own coin that they want to build.
https://www.forbes.com/sites/laurashin/ ... e1ed777a33

What a hypocrite.

[marcelchuo]

http://money.cnn.com/2011/06/21/news/co ... m?iid=Lead
And can we trust a company that shorted CDO's but sold the product to it's customers. What a scammer

[OneChain]

Jamie himself said that blockchain is good stuff! He is only against Bitcoin

[CryptoBlackHat]

According to the article he says "You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart."

This sounds more like an argument against ICOs, rather than Bitcoin. Bitcoin itself hasn't been invented "out of thin air" - it's gone through many years of revisions, validation, and fighting against failures to get to where it is today. This is in contrast to many ICOs were developers literally create the currency out of thin air - and then people who bought the token are left scratching their heads as to where all the money went.

[marcelchuo]

Yea he is against bitcoin because institutions the central banks and financial institutions can't control it.

[rogerver]

We did a story on it too: https://news.bitcoin.com/after-the-boss ... s-the-dip/

Looks like it will be one of the top 20 stories ever published on Bitcoin.com.
People love reading about hypocrisy.

[BayAreaCoins]

We did a story on it too: https://news.bitcoin.com/after-the-boss ... s-the-dip/

Looks like it will be one of the top 20 stories ever published on Bitcoin.com.
People love reading about hypocrisy.

I saw that on LocalBitcoins right when it was posted.

Posted it up on Steemit.

What bastards!

All is fair in love and crypto I suppose, but damn!

[Floatlands]

Saw it coming a mile away with his bogus statements. He's at it again, even though facing a market abuse complaint in Sweden.

https://finance.yahoo.com/news/jamie-di ... 59488.html