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they're lying to you about crypto period Bitcoin this is Morgan Stanley CEO James Gorman You' made a lot of news this is Larry Fink CEO of Black Rock now known as your eth token daddy what's the bottom line I could care less about Bitcoin I don't know why I don't know why I said anything about it and this is Jamie Diamond the CEO of JP Morgan that sounds the F Bitcoin hit a new high today it just I I could care less with Bitcoin trades for how it trades why it trades who trades it if you're stupid enough to buy it you'll pay the price for it one day I've also told people that it can trade at $100,000 before it trades to zero so tulip ball traded for $75,000 one something like that the only value of a Bitcoin is what the other guy will pay for it and I think honestly I think there's a good chance that Bitcoin a lot of the buyers out there up there jazzing up every day so that maybe you'll buy it too and take them out if you think crypto volatility is bad you should see the spread on this guy's Bitcoin opinions over the years and at the end of this video I'm going to show you the best response ever to Jamie Diamond that will really bring home everything I've said and shown you in this video I'm not aor ah Jamie no diamond hands Diamond so why the volatility in his comments it's because Jamie Diamond's lying to you in fact almost everyone in trafi has been lying to you for over 10 years and you won't believe the ls they will go to in order to use you as exit liquidity so let's track Jam's comments over the years to see what JP Morgan was really up to when he was telling you to stay away from Bitcoin while him and his kudin Squad gobbled up Bitcoin with their bacon necks clapping in the wind his first comments about Bitcoin come from 2014 his trip to davo Switzerland in January for the world economic Forum or WF but as you'll see there's been an effort to scrub the internet of diamonds manipulation but I sent out the bit signal and a little birdie passed me the worm slur bit the question isn't whether we accept it the question is do we even participate in people who facilitate Bitcoin so it's a terrible store of value it could be replicated over and over it doesn't have the standing of a government and I and honestly uh a lot of it what I've read from you guys a lot of it's been used for illicit purposes and the people going to eventually really get upset with it it will be governments you know so governments put a huge amount of pressure on Banks and so to know who your client is anti-money laundering is it being used for legal purposes did you do you know uh uh Real reviews of that well obviously it's almost impossible to do with something like that so they will eventually be made as a payment system I been to follow the same standards as all these other payment systems that will probably be the end of them these are his first comments about Bitcoin so negative even though earlier in this interview speaking of negativity Diamond had to address JP Morgan hiring the kids of Chinese officials in order to Win Chinese business didn't yet but holy smokes we wouldn't dare associate with Bitcoin CCP spides we're all in Bitcoin nah I'm a pass but wait a second here I just found an article from the same dat that says what Jamie Diamond is not a Bitcoin fan despite JP Morgan filing patent for similar payment system JP Morgan Chief says virtual currency faces major regulatory hurdles okay but like where those quotes must have been taken from a video right oh wow the video is removed sad almost like it was erased almost like Jamie Diamond doesn't want you to know that he was behind the scenes already preparing to manipulate crypto you have to understand these Bakers were terrified of crypto at first and Di was no different he had to find a way to get in on the inside with Bitcoin and found a way he did even in 2014 speaking of the world economic Forum in Davos the Wall Street supro said the virtual currency is a terrible store of money and question its legal status over allegations that it is used to fund illegal activities it doesn't have the standing of a government Diamond told CNBC and honestly a lot of it what I read from you guys a lot of it is being used for elicit purposes his comments come after the bank filed a US patent application for a computerized payment system which would allow users to make a nonous transactions similar to the cryptocurrency but this got me thinking maybe there was more hiding somewhere then I found this 2015 article but you know the snippet on Google was showing text that wasn't on the page so I started digging in the way back internet time machine found coin desk had scrub that article too here's the real one so I dug a little bit more and I clicked on the link on the original page that was missing from the original article and boom nothing right page not found interesting so I said to myself let me throw this page into the way back machine and boom there you go a video of Jamie Diamond putting his foot in his mouth about Bitcoin again or is it more like making it look like he's doing that when in reality he was once again making moves behind the scenes in fact this time Jamie knew his tra five buddies Like Larry thinkink were coming to crypto but once again the video is scrubbed why I don't know maybe I found a copy of it somewhere let's check it out and see what he may have said why they're doing the scrubbing there's no government that's going to put up with it for long it's kind of cute now you know a lot of the Senators and Congress is say I support Silicon Valley Innovation there will be no currency that gets around government controls anybody here want to take a a uh an opposite view the technology will be used it may be used to transport currency but it will be US dollars but digital the right digital currency will be stopped yes a virtual currency where it's called a Bitcoin as opposed to a US dollar these things may be very well for cheap transfers of money you see he just can't help speaking out of both sides of his mouth Jamie Diamond's words are almost always always far different than the moves his bank is making what does that tell you so let's go back to the video clip we showed in the beginning because I wanted to look a little deeper look at the date of this original clip October 13 2017 now check out this epic backtrack only a few months later by Jamie obviously non-diamond arm let me ask you about Bitcoin cuz that was another famous comment that you made that it's a fraud now we see which I regret making the blockchain is real you can have crypto dollars and Yen and stuff like that icos you got look at everyone individually the Bitcoin it was always to me is was what the governments are going to feel about Bitcoin it gets really big and I just have a different opinion other people I'm I'm I'm not interested that much in the subject at all almost like someone made him apologize maybe I know who that person is the Senor but the fact is Diamond is always telling you the opposite of reality on purpose the same way poker player Tom dwan will lie to you about his poker hand to win now Tom will also lie to you in real life to try to backstab you but that's what so those people do for money laundering and true story that Tom blunder money for crypto exchanges and Brian Evans but that's another story for another day Jamie Diamond is the Texas Dolly of crypto Holden he keeps his cards close to the vest and only shows you the ones he wants to but even before diamond made those comments blog Tower CEO Ari Paul made this video and I think is the best response to diamond ever he calls him out check it this is why I think Jamie Diamond called Bitcoin a fraud so a lot of the the financial luminaries people like Seth claran Warren Buffett Howard marks have have expressed their skepticism and most frame it kind of like saying they don't think McDonald's can compete with fine French dining which is to say they don't really address what cryptocurrency is trying to be they say cryptocurrency is really bad at being PayPal or VISA and they're right that's really not what it's good at so most of the financial luminaries I think genuinely don't understand what it's trying to be Jamie Diamond's an exception by all accounts I know people who spoke to him about cryptocurrency four years ago before I was really in the space he gets it he understands it probably better than me and he views it I think as a branded competitor to JP Morgan so he understands that JP Morgan collects a L of fees for providing a storage of wealth in Secure way that's judgment resistant to clients and Bitcoin does an order of magnitude better so here is the point of this video look at trat vior Clues but remember they're never going to give you the accurate picture for that you have to truly dig and scour and work tirelessly no that's not actually true all you have to do is watch my videos subscribe now hit like be blessed good boy 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