원문 보기
bitcoin is worthless at least according to jamie dimon let's have a look hello everyone florian heiser here and welcome to another episode of heiser says grab your shine of coffee i want to have a look at this article from cnbc jamie dimon says bitcoin is worthless now before we jump through this article let's just jump over here and have a look at the current price of bitcoin it's sitting at fifty six thousand dollars it's climbed back up above fifty thousand us hasn't quite broken 60 000 ethereum is it three and a half thousand and uh binance coin is now number three remember when that was well worth a lot less per coin there you go 459 then cardano at two dollars and 13 cents so yeah let's see why his arguments as to why this is worthless everyone so jamie dimon jp morgan chase chairman and ceo isn't a fan of bitcoin the largest cryptocurrency by market value i personally think that bitcoin is worthless diamond said during an institute of international finance event on monday cnbc pro reported but i don't want to be a spokesperson i don't care it makes no difference to me he said our clients are adults they disagree that's what makes markets so if they want to have access to buy yourself bitcoin we can't custody it but we can give them legitimate as clean as possible access so he doesn't care about it he's still going to provide access to it for people and if they choose to do it why not and i know what many of the viewers have you've made good money on crypto people are investing in d5 they're getting regular payments you know it seems to all be working it just well depends on when you buy and how long you can hold and if frankly you can handle the stress of the volatility of the of the crypto market it's just crazy i i can't do it i know what i'm like i will watch it too much i watch it too much i i make stupid decisions so that's kind of why i've stepped away he held true to that statement in february 2019 jp morgan said it would roll out a digital currency called jpm coin in october 2020 that firm created a new unit for blockchain projects in august it started giving its wealth management clients access to crypto fund cnbc reported so for his part however diamond has held firm in his anti-crypto outlook recently he told axios ceo jim vanderhey that bitcoin had has no intrinsic value and although he thinks bitcoin will be around long term i've always believed it'll be made illegal someplace like china made it illegal so i think it's a little bit of fool's gold i think he's right there honestly i i we've seen it with china quite drastically it made bitcoin transactions illegal you'll see the on-ramps and off-ramps limited look at monaro you combine it you can transact with it i can't flip it to aud in any exchange in australia i have to go through an another crypto so you know they'll just make it easy or difficult for norm normies to use it and of course then they'll have a very convenient central bank digital currency right there ready and waiting so he also told vanderhey that he thinks regulators are going to regulate the hell out of it you may be right recently the us government has had a heightened focus on regulating cryptocurrency markets on friday bloomberg reported that the byte administration is weighing an executive order that would direct federal agencies to study and offer recommendations on the crypto market however though increased regulation may happen federal reserve chairman jerome powell clarified at the end of september that he has no intention to ban bitcoin in the us maybe you should van tether in the u.s some financial experts contend that well thought out regulation would be beneficial in the u.s if people want crypto to become more of a mainstream asset then i think regulation is a necessary first step angel jarawala certified financial planner certified public accountant and founder of fit advisors previously told cnbc make it however cryptocurrency supporters are wary of further regulation they worry that certain regulatory framework may stifle crypto innovation in the us and push business overseas and at the time this article was written was at 57 500 with a market val a market value of more than one trillion dollars so let's have a bit of a talk about this guys are we going to see increased regulation in the crypto market is bitcoin worthless well there's some bold statements there are a lot of people that are big fans for this huge market demand for crypto right now will it have mainstream use i honestly honestly suspect we're going to see central banks roll out their own central bank digital currency maybe you know adopting the technology or just taking some of the technology that's out there and using it for their own purposes i can see that becoming more mainstream before any of the cryptos the transaction costs the energy burden the potential risk that's placed on people making a stupid mistake in crypto is not for everyone they're going to p people that ideologue ideologically won't use it and then of course they'll run to the central bank digital currency we'll have to see what materializes what do you think everyone do you think bitcoin is intrinsically worthless or are you betting the house and uh hoping that it'll go to the moon we'll have to see anyway guys thanks for watching like share and subscribe to the channel let me know your thoughts and opinions on this one if you're a fan and enjoy the content i create here or find i find here there's a few ways you can help us you can join us on our twitch or on our youtube channel to take part in the discussions of the live videos that we do you can also follow us on our or join us on our youtube or patreon sign up for self-wealth or steak use our affiliate links at good old amazon ebay independent reserve or aussie broadband you can buy a merch from hyderabad use gold parts from the perth mint or support us by paypal take care and i'll see you all next time bye for now you
Comments 0