Why your bank hates you for loving bitcoin
“Bitcoin has been around since 2009, but it really wasn’t until recently that it finally hit the mainstream consciousness of investors and the general public. As of this writing 1 bitcoin is now worth over $5,600 USD. And its meteoric rise doesn’t look to be abating any time soon. Its potential to reshape how we understand and use money is real. But the big question is why are banks and governments so steadfastly against it?
Jamie Dimon, CEO of J.P. Morgan Bank, was recently in the news. He brazenly proclaimed that people who buy bitcoin are “stupid” and “governments will crush it one day”.
For those unfamiliar, bitcoin was created in 2008 and released in 2009 as the world’s first decentralized (peer-to-peer) cryptocurrency and digital payment system. But before we can explain why they’re against it you need to understand how they’ve always operated…”
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http://www.impactlab.net/2017/10/29/why-your-bank-hates-you-for-loving-bitcoin/
Crazy