Bitcoin Is Worthless, Says Dimon

So says Jamie Dimon, the head of JPMorgan Chase, only eight years after I did the same.

Cryptocurrencies are valuations where the intrinsic value and trust are zero. They are like modern-day religions, not becoming more true because you can find more believers.

Should I let you know the SEC is not too fond of them either and explain how it is a threat to national security and a threat to sovereignty eight years ago? Let me whisper I told you so.

Keep ignoring me if you want to keep the circus of humanity’s greater foolery going.

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The sign of a vibrant, innovative nation is its willingness to pursue the ever-unfolding discovery of nature's truth and reinvent itself continually against those proven new normalizations upstream. Let’s inspire the world with new rigors of excellence we first and successfully apply to ourselves.

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