Steven Clark
Joined March 2018
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Bio
Former Marine. Father of six and Aikido practitioner
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Bitcoin & the Banks
Over the last few weeks Jamie Dimon, Chief Executive of J.P. Morgan, has been leading the charge against bitcoin and other cryptocurrencies. Given that J.P Morgan had revenues of over 90 billion dollars last year, it at first seemed odd to me that Dimon would be so vocal in his opposition. Yet he has repeatedly gone out of his way over the past few months to trash bitcoin, even going so far as saying it should be banned. Dimon is no fool. He knows bitcoin has the potential to upend the banking industry. This is precisely why he is trying to kill it before it gets even close.
By Steven Clark6 years ago in The Chain