LOUNGE all new asksnapzu ideasforsnapzu newtribes interesting pics videos funny technology science technews gaming health history worldnews business web research entertainment food living internet socialmedia mobile space sports photography nature animals movies culture travel television finance music celebrities gadgets environment usa crime politics law money justice psychology security cars wtf art google books lifetips bigbrother women apple kids recipes whoa military privacy education facebook medicine computing wildlife design war drugs middleeast diet toplists economy fail violence humor africa microsoft parenting dogs canada neuroscience architecture religion advertising infographics sex journalism disaster software aviation relationships energy booze life japan ukraine newmovies nsa cannabis name Name of the tribe humanrights nasa cute weather gifs discoveries cops futurism football earth dataviz pets guns entrepreneurship fitness android extremeweather fashion insects india northamerica
+47 47 0
Published 1 year ago with 6 Comments
Additional Contributions:

Join the Discussion

  • Auto Tier
  • All
  • 1
  • 2
  • 3
Post Comment
  • leweb
    +10

    JPMorgan is the fraud. As far as I know, Bitcoin never had to be bailed out with taxpayer's money because of reckless, criminal misbehavior.

  • kxh
    +9

    Because only governments and companies owned by one percenters should be in control of money?

  • Maternitus (edited 1 year ago)
    +8

    Someone is feeling some breathing down his neck and is scared as shit that he (and the institutional criminals he sort of represents) will lose control over money and that is alot of power in this money oriented society. Plus: control as is. And taxes, lots of taxes. Otherwise it is done with the tropical scheming also, maybe the Panama papers ring a bell? The century old fraud starts to crumble and fall apart. Hopefully we are not falling for yet again a pyramidscheme of that magnitude.

  • Appaloosa
    +5

    I have some ex-banker /Wall Street friends. One is loving the challenge to the current money/government system. He's all for this and blockchain....the otheres are leary of these systems. I just think that like China, if they can't really get control over it, they will outlaw them due to some regulatory reason, or there will be a collapse and people will demand safeguards. There are competing cryptocurrencies as well, so that should be interesting to see the positioning. You already see sites accepting Bitcoin, right alongside of Paypal or credit cards.

  • NotWearingPants
    +5

    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 describes every fiat currency.

  • sasky
    +4

    Isn't that what non-gold backed currencies (fiat currency) is? Shame. Dimon is one of the smarter guys on Wall Street and leads a great company. But his competitors are trying bitcoin and other cryptocurrencies out, to learn and apply them. JPMC stands to be left behind on this important issue.

Here are some other snaps you may like...