Post
Topic
Board Press
Re: [2014-10-12] JP Morgan’s Jamie Dimon: Bitcoin Will “Try to Eat Our Lunch”
by
2dogs
on 12/10/2014, 21:33:07 UTC
Fortunately for Jamie, it would not be soon for bitcoin to create a real competition to JP Morgan and likes. First, its like with oil: as long as there is oil, nobody will produce electric cars and let them to dominate the market. Second, all major banks and companies rely on "mums and dads" investors, who are probably very far from investing into bitcoin.



True, but the coming reset is a result their own doing.
All we can do is continue to build the parallel system that will be the alternative to the banking collapse.
It's not a matter of if, but when.