πΊπ°π Jamie Dimon lashes out against crypto: βIf I was the government, Iβd close it downβ πΊπ°π
(www.cnbc.com)
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He's trying Reverse Psych on people....
He's looking to garner Support for BTC, it's the only possible position he could take as CBDC isn't going to go as planned and they're starting to catch on to our Tactics, so he is Probably Heavily Invested in BTC Personally, and now wants to make it Stronger....
But he also knows full well it is ONLY Valued against the Dollar, which is Debt Notes, so what happens to BTC when the Debt Notes lose ALL Value, or even worse, go Negative and suck up any and all Value from things connected to them???
Bitcoin can be valued against anything, like to gold, not just the dollar.
IF anything, people use BTC to buy Gold, but not the other way round....
Only a fool would waste Gold or Silver to buy BTC, James Dimon knows this, we all know this, it's just way too obvious....
And we aren't living in the Futuristic Movie time such as 5th Element or Total Recall, what we got is closer to Robocop and Terminator....
We live in a world where most purchases are digital. Try making purchases online with gold. Oh but wait, blockchains already enable purchasing with gold, so we got you covered.
Almost everything I buy, is a cash purchase....
Gas, Food, Water, Checks thru Snail Mail for Electric....
But then, I own, and don't Rent anything....
Everything goes to zero against btc?
If so, then BTC also goes to???
It's going up forever, Laura!
You can buy gold amd silver with bitcoin. I bet they wont change.
Can you use BTC when the Power is out???
I bet that doesn't change....
I think it's unwise to totally rely on things that solely rely on electrons. I've been wondering what all the people who have "smart houses" and all sorts of devices that rely on cell phones and internet are going to do when there is a major power outage.
I don't know about them, but my doors take a Physical Key to open them, I use Curtains for Privacy, and have Kero Heaters....
Got a Wood Stove too....
Most of what I have is old Tech, don't need much, and if the Net goes down, I still have books to read....