저자: Dragóst · 외국인
요약 보기
자막 기준 발언자는 JP모건 CEO Jamie Dimon의 IIF 강연 내용(비트코인은 담보 없음, 정부가 탄압 가능)을 소개하고, 금융권 거물들이 비트코인을 비판하는 이유는 자신들의 중개 수익 구조와 관련 있다고 주장한다. 자산 가치는 본질적이 아니라 사람들의 믿음에 의해 정해진다고 설명하며, 본인은 비트코인을 잘 모른다고 밝힌다. 가격 전망이나 투자 권유는 없다.
다듬은 글
Hi, how are you? How are things going there? I hope everything is in order. I'm Dragóst, this is the Dinheiro channel. Today is December 27, 2025, a Monday. Have a good week, and I have four things I'd like to talk to you about. So don't be surprised if four new videos appear on the channel. Some are even related, but I thought it best to keep things separate to avoid confusion.
First, I want to talk about Bitcoin. Actually, to be more specific, I want to talk about an interview that Jamie Diamond gave recently. Actually, it wasn't really an interview, was it? It appears that it was during his involvement with the Institute of International Finance. He gave a lecture there.
It's actually interesting because I think he has a broken arm, or something like that. It's strange to see a guy like him, isn't it? Everything's half tied up. Oh, and he talks about Bitcoin. He basically says what he says. Well, he says that Bitcoin is backed by nothing. He says there's absolutely no reason for Bitcoin to be worth what it's worth.
He says that whenever governments want to, they will destroy Bitcoin. He uses that term, right? Governments will crush Bitcoin. Well, in short, he says a lot of things that we would more or less expect him to say. What do I want to say here regarding this manifestation of Diamond? Well, Diamond, if you don't know, he's the head of JP Morgan, right?
JP Morgan is a very powerful institution, let's put things in some context, okay? Jeep Morgan is a very powerful institution, but if we were to, excuse me, if we were to put things into perspective, uh, Jeep Morgan is a bank that belongs to the family of muscle banks, let's say, banks that have a lot of money, obviously, but have always had many political connections .
Not that other banks don't have them, every bank has them, because banks, as I've said here once and I'll repeat, sorry. In the world we live in, banks are concessions from the state. Therefore, it's impossible to find a banker who isn't a government mouthpiece, who isn't pro-government, regardless of which government is in power.
If you own an institution, you own a company, and your company essentially depends on the state, you don't have much choice but to suck up, right? What are you going to do? In the case of Jap Morgan, Diamond's speech is noteworthy because, first of all, we have to realize—have you noticed that everyone in the system hates Bitcoin?
You don't find a big shot praising Bitcoin. You can take Buffett's test and Bitcoin. Charlie Munger, who was also his partner, spoke very badly of Bitcoin. This isn't the first time Diamond has spoken negatively about Bitcoin. And there's Christine, the former head of the IMF, right? Cristine Lagart, if I'm not mistaken, has also spoken about snakes and Lagart regarding Bitcoin.
Finally, you see a lot of important people out there criticizing. What happens? Ah, [sighing] Bitcoin, and you need to understand one thing once and for all, okay? When someone like Warren Buffett comes up to you and says, "Look, Bitcoin is garbage." You have to be careful, as they used to say, and take some precautions, because a man like Buffett, for example, let's think about it, taking certain ideas to the extreme, okay?
[snoring] Let's suppose that everyone in the world wanted to start investing in bitcoins and not in stocks anymore, right? What does a guy like Warren Buffett know about life? Hmm, I've already said here once, twice, three times, 30,000 times, that Warren Buffett is a stockbroker. He's the kind of guy who calls your house and says, "Hey, want to invest with me?" And then he charges you a percentage, right?
Barça is the same thing. Finally, all these guys, uh, what I'm about to say might seem very simple, okay? But in fact, that's how they think inside. H, why on earth would a guy like Buffett come up to you and say, "Buy Bitcoin" if he doesn't sell Bitcoin, he doesn't act as an intermediary for Bitcoin.
He, Warren Buffett, gives you Bitcoin. Hmm. His main source of income, his primary source of income, is managing other people's resources, right? That's how he built his fortune. Same thing with Barcy and everyone else, Jamie Diamond, what does he do? When he brokers financial assets, what does he broker?
Primarily stocks, futures market assets, derivatives, maybe commodities, something, very little, probably, foreign exchange, certainly quite a bit , but that doesn't mean that if suddenly everyone wants to put their money into Bitcoin, people like these guys, these big finance barons, who are brokers, I repeat, worth trillions, once again, these guys aren't going to make money.
This is obvious, because you don't need Warren Buffett to buy Bitcoin. Do you agree? Now, if the subject is stocks, well, then you need the advice of the Wizard of Omaha, right? What is his name? If you want to [snore] do operations in a currency fund, you're going to have to talk to Soros, right ? So, Bitcoin is a very marginal asset.
Marginal, not in the negative sense of the word, okay? Marginal in the sense that he does not belong to the system, he is not of the system. Furthermore, it doesn't allow the system to make money off you. Okay, I'm saying here that you should sell your house and buy everything with Bitcoin. No, especially since I myself can't say that I understand Bitcoin.
I know very little about that. I don't consider myself capable of doing a more in-depth analysis of that, do I? But I can see it, obviously, right? Finance is something that everyone has activated except for a certain set of characteristics. So, claims like, "Oh, Bitcoin is worthless, it's only valuable because the next sucker is willing to pay more than you," and so on.
Look, nothing really matters , right? Nothing. No asset has intrinsic value. That's it, that's the key. that exists in the world of economics. Things don't have intrinsic value. They are not worth what they are. They are worth what people think they are worth. That's how things are. This is what a loaf of bread looks like.
It doesn't have to be Bitcoin. A loaf of bread. If you are offered bread when your stomach is full, you won't want it. Isn't that right? If you are offered a glass of water when you are full and not thirsty , you will not want it. How much would you pay for a glass of water? It depends. Are you dying in the desert or have you just drunk some fresh, ice-cold, delicious water?
It depends. In each of these situations, [the sound of] the water will be worth something to you, and therefore you would be willing to pay different prices. Therefore, nothing has intrinsic value. That argument that Christine Lagarde put forward, that it's worthless. And then others followed suit, right?
Buffet, Diamond has already said this a thousand times. That's nonsense. Economics is made of dreams, fantasy, human madness, basically, just as it 's human madness when you open a stock market dashboard and see that bunch of numbers—that's madness, that's a dream. How much is that worth? I don't know, maybe nothing.
Ah, but there's the building. Yes, it has the building. So what? Imagine you've just been diagnosed with the most aggressive cancer in the universe. For you, that one is worthless , right? Or perhaps it will become incredibly valuable , much more than before, because then you'll cling to the material world more than ever.
You'll have concerns about who I'll leave and who I won't leave. It depends, it's going to be different for each person , right? So, what's behind all these bigwigs in the system telling you, "Look, Bitcoin is crap," or "Bitcoin is much simpler than state control, even though it has a little bit of that"?
Diamond himself says this in that interview, and there's a part I found interesting, where he says: "The government doesn't like people." Actually, the government likes to, pardon me, it says the following: "The government likes to know how much money you have, where your money is, and what you're going to do with it.
It's the government itself that hands over the gold." So, yes, of course, from the point of view of governments, there is a bit of envy towards Bitcoin, because they say: "Hey, if André buys Bitcoin, if you listening to me buy Bitcoin, we 'll... it'll be a kind of untraceable money , we won't know what's going on anymore ." That is true.
Yes, but that's not what makes guys like James Diamond, Buffett, and others spread such negative propaganda about Bitcoin, okay? I don't think so, I'll be very honest with you, I don't think Bitcoin is all that great. I really don't think so . I think he's more of an asset. I don't think he's any worse or better.
I think it has 1000 vulnerabilities, 1000 problems, 1000 things that are still very uncertain, right? We don't know, for example, how far the government's reaction against Bitcoin will go. That's something we have absolutely no idea about. That will depend on how the technology evolves, okay? In short, 1000 questions remain unanswered, but I think that despite any of these questions, he has his merits.
Like this? It's worthless because it has no intrinsic value. That's not an argument, because nothing has intrinsic value, okay? So, if you have some time, do a search. Research this interview, this participation of Jamie Diamond in the background there at IIF, right? International fund, uh, Institute of International Finance.
Yeah, you'll see this part where he mentions that. I'll keep checking until I find that link; I'll put it in the description for you, okay? And that's all for now . I'll be back later with another topic, another video, okay? Until later.
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