👺💰🌎 Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’ 👺💰🌎
(www.cnbc.com)
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JPM owns "Consensys", the company that holds all the patents to the Back-End of Ethereum (basically, JPM own and control Ethereum). Dimon has positioned Ethereum to be the global CBDC. His only competition is Bitcoin.
It is for THIS REASON ALONE that Jamie Dimon is so opposed to Bitcoin. Jamie Dimon owns the competition and he needs Bitcoin to fail for his business to succeed.
The former owner and current CEO of Consensys (Joe Lubin) is an absolute CBDC bull and WEF sychophant. He and Dimon make good bedfellows.
Also didn’t ether go from proof of work to proof of stake?
They did. It was the first thing Dimon helped do once he had Consensys.
Proof of Stake is a fancy way of saying, "he who has the gold makes the rules," and JPMorgan has the gold.
Most people don't know this, but before JPM got involved with ETH they made an Ethereum clone called Quorum. Their intention was to create an enterprise-only blockchain. It didn't get any traction, so they abandoned the project and began making moves to hijack ETH instead.
Jamie "you should shut down Bitcoin" Dimon has been heavily involved in crypto since the beginning.