The Coin Files on Nostr: Jamie Dimon is a hypocrite. He constantly talks about Bitcoin being used for illicit ...
Jamie Dimon is a hypocrite. He constantly talks about Bitcoin being used for illicit activity, yet in reality, the USD is the preferred medium of exchange for such purposes.
The firm he leads, JP Morgan, has made countless headlines for the wrong reasons. Their track record in honesty and ethical behavior is a joke.
Don't trust the bankers. They have quite the business model:
✔️ Take on customer deposits.
✔️ Speculate and take excessive risks with the money to generate a profit.
✔️ Create money out of thin air in the form of loans to generate more profit.
✔️ If things don't work out, get bailed out by the central bank with taxpayer money.
In other words, they are in the business of nationalizing the losses and privatizing the gains.
Choose #Bitcoin.
Published at
2024-01-17 15:57:10Event JSON
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"pubkey": "76b1297df1f89138a255570972ec9d043960603eba85a0c690dfe9031d79d934",
"created_at": 1705507030,
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"content": "Jamie Dimon is a hypocrite. He constantly talks about Bitcoin being used for illicit activity, yet in reality, the USD is the preferred medium of exchange for such purposes.\n\nThe firm he leads, JP Morgan, has made countless headlines for the wrong reasons. Their track record in honesty and ethical behavior is a joke. \n\nDon't trust the bankers. They have quite the business model: \n\n✔️ Take on customer deposits.\n✔️ Speculate and take excessive risks with the money to generate a profit.\n✔️ Create money out of thin air in the form of loans to generate more profit. \n✔️ If things don't work out, get bailed out by the central bank with taxpayer money. \n\nIn other words, they are in the business of nationalizing the losses and privatizing the gains.\n\nChoose #Bitcoin.\nhttps://image.nostr.build/e4fc6ddd26ab0bd97be705c71ff249b1eba8dc94333fd5890b0d052604b5683e.jpg#m=image%2Fjpeg\u0026dim=761x774\u0026blurhash=%7C4QJ%2BT00%7EqM%7B-%3B%25MxuxuxuIUt7%25MM%7BWBxuj%5BRjayD%25IU%25MjtWBxuRjofj%5Bx%5DIURjt7RjxuRjj%5Bof_3%25MIUWBofNGRjt7ofof%253t7M%7BofoeWBofRj%3FHofM%7BxuxuRjayj%5BWB9Fxut7IU%25MRjayofR*%25MWBM%7CWBM%7Bayofayae\u0026x=84541773dff3245bdc71932d09b4fe703cf40e482ce3ef7e6070814d338e2520",
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