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Dimon Disses Bitcoin, and Bitcoiners Diss Back
The Wall Street Journal ^
| 24 January 2014
| Paul Vigna
Posted on 01/24/2014 7:42:26 AM PST by Errant
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1
posted on
01/24/2014 7:42:26 AM PST
by
Errant
To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...
Click to be Added / Removed.
2
posted on
01/24/2014 7:43:02 AM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Errant
The point that drug traffickers might use bitcoin is not a fatal charge. The US dollar is the single most widespread currency in the drug trade.
3
posted on
01/24/2014 8:05:59 AM PST
by
RobinOfKingston
(Democrats--the party of Evil. Republicans--the party of Stupid.)
To: RobinOfKingston; All
Yep and I just saw this over at Zero Hedge. The amount of penalties are two times the entire value of Bitcoin at present.
Jamie Dimon Gets Pay Raise After Raking Up $25 Billion In Legal Fees
"Earlier this week we reported that at JPMorgan, the many will pay for the crimes of the few, after the bank revealed that compensation for most workers would be flat with 2012, and no raises were planned for the bank's employees as a result of the massive, $20+ billion legal bill the bank has raked up in recent months as one after another market manipulation, fraud and malfeasance by current and former JPM workers has been revealed. One person, however, will be exempt from this blanket punishment: the firm's CEO Jamie Dimon, of course. Because there is always a reason Jamie is richer than you..."
4
posted on
01/24/2014 8:16:36 AM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: RobinOfKingston
Big time drug lords are switching to the Euro and its 500 Euro note.
5
posted on
01/24/2014 8:17:21 AM PST
by
Yo-Yo
(Is the /sarc tag really necessary?)
To: Errant
Holy Crap..20 BILLION in legal fee’s???
6
posted on
01/24/2014 8:18:47 AM PST
by
Ghost of SVR4
(So many are so hopelessly dependent on the government that they will fight to protect it.)
To: Ghost of SVR4
Yep, and Dimon still has the unmitigated gall to diss Bitcoin. You know who's going to pay those penalties? The big bank's customers, that's who. If Bitcoin went bust and took every single penny invested in it, it'd still be half of just JPM's penalties.
It's amazing to me just how stupid people in this world really are...
7
posted on
01/24/2014 8:25:32 AM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Ghost of SVR4
8
posted on
01/24/2014 8:31:32 AM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Errant
It is exciting to be at the very birth of the undoing of the global elites. Bitcoin may not be the vehicle, but there is no stopping the decentralization of monetary power in the future.
To: AuditTheFed
It is exciting to be at the very birth of the undoing of the global elites. Bitcoin may not be the vehicle, but there is no stopping the decentralization of monetary power in the future. Boy do I ever hope you are right - for the sake of humanity. It will be tumultuous times though, to say the least.
10
posted on
01/24/2014 8:35:29 PM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Errant
http://www.bloomberg.com/news/2014-01-21/bitcoin-no-bargain-as-47-of-investors-go-bearish-in-poll.html
Bitcoin No Bargain as 47% of Investors Go Bearish in Poll
11
posted on
01/24/2014 8:41:55 PM PST
by
narses
(... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
To: RobinOfKingston
But can you roll a Bitcoin into a straw to snort coke?
12
posted on
01/24/2014 8:45:32 PM PST
by
Lurkina.n.Learnin
(This is not just stupid, we're talking Democrat stupid here.)
To: RobinOfKingston
Precisely. If the mere fact that a currency is used by drug dealers is the issue the US dollar should be stripped of its reserve currency status for that reason alone.
13
posted on
01/24/2014 8:45:52 PM PST
by
Lurker
(Violence is rarely the answer. But when it is it is the only answer.)
To: Errant
“Capitalismpalooza called the World Economic Forum at Davos.”
More like elitismpalooza.
14
posted on
01/24/2014 8:48:28 PM PST
by
Lurkina.n.Learnin
(This is not just stupid, we're talking Democrat stupid here.)
To: narses
Do me the favor of not posting your same old outdated harassment garbage to me, please. Matter of fact, since you never have anything of value to add and only waste bandwidth with your tired graphics, please don’t post to me again period!
Thanks,
15
posted on
01/24/2014 8:51:10 PM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Errant
Stop posting your self serving hype. Frauds are bad, dontcha know?
16
posted on
01/24/2014 8:52:19 PM PST
by
narses
(... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
To: narses
Despite your arrogant and baseless assumptions, there are many on FR who are keenly interested it the latest Bitcoin/Cryptocurrency developments. If you are offended by that, then I suggest you spend your time on threads that are more appealing to your self-centered ideology. You’ve crossed the line into nothing more than harassment with bandwidth robbing tired graphics, adding nothing of value to any of our discussions.
17
posted on
01/24/2014 9:03:26 PM PST
by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
To: Errant
18
posted on
01/24/2014 9:06:10 PM PST
by
narses
(... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
To: narses
You got a problem with tulips?
Nobody’s forcing you to buy bitcoin. They are, though, forcing you to buy half your income of things for other people.
19
posted on
01/24/2014 9:11:41 PM PST
by
txhurl
(Everyday I think I witnessed the liberals' destructive high-water-mark. In the AM, proven wrong.)
To: txhurl
20
posted on
01/24/2014 9:13:00 PM PST
by
narses
(... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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