JPMorgan CEO Jamie Dimon on bitcoin: My personal advice is don't get involved

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  • Опубліковано 27 гру 2024

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  • @gabrieljackson6071
    @gabrieljackson6071 3 дні тому +115

    I'm eager to start my investment journey, but I need guidance on where to begin and how to make informed decisions.

    • @EdwardNolan-l1v
      @EdwardNolan-l1v 3 дні тому

      Through a strategic investment in a diversified portfolio of high-dividend stocks and ETFs, I successfully generated a substantial return of $115,000

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      @CharlieThompson-t6o 3 дні тому

      Building a financial portfolio requires more than guesswork; expert advice provides the clarity and confidence you need.

    • @BenjaminLogan-y3j
      @BenjaminLogan-y3j 3 дні тому

      To make informed investment decisions, it's wise to consult financial experts like Della Martin, who can offer valuable insights and tailored advice

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      @VicentRuth-y5y 3 дні тому

      Della Martin is a trusted and experienced trader; partner with her to achieve your financial objectives.

    • @AnnabelAlex
      @AnnabelAlex 3 дні тому

      Are you familiar with her? Her remarkable success story has garnered widespread attention, and she's built a reputation for being extremely reliable and trustworthy.

  • @markbunn8576
    @markbunn8576 11 місяців тому +779

    Jamie hates BTC because he can't control, or manipulate it like the dollar. If they can't control your money it makes it much harder to control you.

    • @FDT2024now
      @FDT2024now 11 місяців тому +18

      Yep!

    • @infini.tesimo
      @infini.tesimo 11 місяців тому +15

      Yet he is on the ETF for it...

    • @joepappas4968
      @joepappas4968 11 місяців тому +30

      Oh, it can be controlled and manipulated.

    • @VenturiLife
      @VenturiLife 11 місяців тому +19

      Blackrock and Vanguard etc. are much closer to manipulating it now. They are becoming market makers.

    • @bcollins745
      @bcollins745 11 місяців тому

      You fools are blind...he is absolutely right.....you guy are like soulless gold diggers, praising Bitcoin because of its high price. Pay attention @ 3:18 he say he like to own thing that pay him incomes and carry monies for free!!. I think there is only 1 or 2 cryptos on the top 10 list that can do that. Pay attention....some have purpose and some don't. Bitcoin was a test.

  • @Jaymilnere
    @Jaymilnere 5 місяців тому +912

    If you've got the stomach for volatility then bitcoin makes a lot of sense

    • @Higuannn
      @Higuannn 5 місяців тому +2

      I think you're better off with majority investment in S&P500 and uprising equities in view of retirement cos they always outperform. Alternatively speaking to a certified market strategist can help with

    • @hullbruce
      @hullbruce 5 місяців тому +2

      @@Higuannn Before making any investing decisions, it is advisable that you consult with a qualified financial counsellor. Just my two cents.

    • @Jaymilnere
      @Jaymilnere 5 місяців тому

      @@hullbruce i have been investing on my own for quite sometime, my portfolio has never been this much depleted. point me at the strategist that advises you.

    • @Jaymilnere
      @Jaymilnere 5 місяців тому +2

      ​@@hullbruce I've been looking to give this a try for while now. Can i use the advisor you work with? If yes then kindly tell me how to reach out to him/her.

    • @hullbruce
      @hullbruce 5 місяців тому

      @@Jaymilnere I work with the popular Sharon Crump Cline. Who happens to be a is a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.

  • @MaximilianFischer497
    @MaximilianFischer497 9 днів тому +353

    I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $45k - $50k range. Is it too late to get in and make profits? I have set aside $450k to get fully invested next year

    • @MarshalWagner457
      @MarshalWagner457 9 днів тому +2

      Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a FA

    • @RowanBryson
      @RowanBryson 9 днів тому +3

      Well said! I diversified some of my $200k crypto portfolio with some into stocks using a financial market specialist for the past two years and in seven months, I raked in almost $673,000. However, next year I want to diversify even more.

    • @TicheDebb0
      @TicheDebb0 9 днів тому +1

      That's impressive! I could really use the expertise of this advisor, my portfolio has been down bad. Who’s the person guiding you?

    • @RowanBryson
      @RowanBryson 9 днів тому +2

      I've stuck with “Diana Casteel Lynch” for close to five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @EvelynBrooks0
      @EvelynBrooks0 9 днів тому +2

      Thanks for sharing this. I did my own little research, and your advisor looks advanced and experienced. I wrote her and dialed her twice but she didn't pick up so I scheduled a phone call.

  • @shizane101
    @shizane101 11 місяців тому +596

    Joe is the only one with balls on CNBC

    • @Epic30secMaterial
      @Epic30secMaterial 11 місяців тому

      joe is a reptile fyi.

    • @mikev4373
      @mikev4373 11 місяців тому

      Joe is literally the dumbest person at the network. But cool story

    • @sperlongatours
      @sperlongatours 11 місяців тому +16

      i would close his banks accounts after this he doesnt know what hes talkin about

    • @loh1870
      @loh1870 11 місяців тому +15

      Man this guy runs chase? I'm out

    • @STROBdotNET
      @STROBdotNET 11 місяців тому +14

      If he really has balls he let his guest speak instead of interrupting all the time.

  • @ChristianPecksteiner
    @ChristianPecksteiner 11 місяців тому +511

    My personal advice is don't get involved with JP Morgan.

  • @leomessi12345
    @leomessi12345 11 місяців тому +168

    Good Job CNBC by challenging Jamie

  • @carloperu2010
    @carloperu2010 11 місяців тому +108

    He said: don’t get involved because we ( financial institutions ) want to control all.

    • @niopub
      @niopub 11 місяців тому +11

      Bruh , for 99% of people bitcoin doesn't add any value to our lives. It's a cool technology for maybe "supply chain" software or other smart contracts.

    • @1AnonA1
      @1AnonA1 11 місяців тому +15

      ​@@niopub your comment is not relevant to this post. And 99% of people don't use their brain. Just saying.

    • @carloperu2010
      @carloperu2010 11 місяців тому +4

      Sad for those 99%

    • @dgtheone
      @dgtheone 11 місяців тому

      Cryptocurrency only has value because of crazy people.

    • @loweshamumba3284
      @loweshamumba3284 11 місяців тому +1

      @carloperu2010 you are so right

  • @mattimikael
    @mattimikael 16 днів тому +154

    How can I make good profit as a beginner starting with €6,000

    • @AlexanderStubb-h1w
      @AlexanderStubb-h1w 16 днів тому

      As a beginning investor, it is essential that you have a mentor to keep you accountable. I'm personally guided by Lucca Marie. A widely known cryptocurrency advisor.

    • @LauraPatricia-t1z
      @LauraPatricia-t1z 16 днів тому

      You need a pro or someone good at navigating the market. Someone like Lucca Marie

    • @RobertHabeck-w8t
      @RobertHabeck-w8t 16 днів тому

      Almost gave up due to constant losses, but Lucca Marie turned my luck around

    • @BiancaShöker
      @BiancaShöker 11 днів тому

      It is really refreshing to see a comment about Lucca Marie. I have worked with her also. her approach consistently keeps you ahead of the trend, She's the best i'll say..

    • @mattimikael
      @mattimikael 11 днів тому

      how can she be consulted?

  • @thabisomkosi2245
    @thabisomkosi2245 11 місяців тому +97

    JP Morgan guy can't intellectually defend his own opinion except to say, "you do your own thing I do mine"

    • @Blazerelf
      @Blazerelf 11 місяців тому +7

      As they say; "Do not argue with a fool. He will drag you down to his level and beat you with experience."; just let them burn themselves again as it happened with those who invested in monkey NFT and doggy coins

    • @thabisomkosi2245
      @thabisomkosi2245 11 місяців тому

      @@BlazerelfBrother failure is not something thats unique to Crypto. There's been many more failure's in other industries far superseding NFT

  • @coldblade666
    @coldblade666 11 місяців тому +230

    Jamie: "HoW dO yOu KnOw It WoN't Go PaSt 21 MiLlIoN?"
    Every Bitcoiner Watching: It is governed by code, and every node operator and miner must agree on any changes to the code. If they increase the supply, it immediately makes the Bitcoin they own worth less. Why the hell would they do that? It is pure game theory!
    And again, he has his Freudian slip saying Bitcoin is used for "Anti- Money Laundering". At least he got one use case correct, lol! All of these illicit use case examples coming from a Bank CEO that has paid more in criminal financial crimes than the GDP of small countries.
    What a tool. Stop giving him screen time.

    • @aron599
      @aron599 11 місяців тому +2

      at 3:33 they said it ... too much " polically correctness" without specifiing who was cought most by doing that....sad

    • @OfficialFA
      @OfficialFA 11 місяців тому +3

      It's open source software afterall...

    • @OfficialFA
      @OfficialFA 11 місяців тому +6

      JP Morgan are more involved with Ethereum...

    • @mikev4373
      @mikev4373 11 місяців тому +2

      Comparing it to gold is not a great argument. As Jamie said. He doesn’t own gold either. He likes assets that pay him.
      I do to.

    • @yehimstone5492
      @yehimstone5492 11 місяців тому

      ​@mikev4373 Elizabeth Warren and Maxine waters are the assets in Congress that Jamie owns to make sure the system works to make him richer. Why own gold when you can own congress?

  • @JayKayDowdall
    @JayKayDowdall 11 місяців тому +116

    JPMorgan owns Bitcoin, Jamie Dimon himself owns Bitcoin. This is just FUD on a massive scale.

    • @montetanktankkiller700
      @montetanktankkiller700 11 місяців тому +3

      true

    • @leroydeegolden
      @leroydeegolden 11 місяців тому +2

      Yep they are mining it along with Fidelity. #bulllish

    • @creebuddha
      @creebuddha 11 місяців тому +1

      ​@@leroydeegoldenMining it is different from owning it

    • @leroydeegolden
      @leroydeegolden 11 місяців тому +1

      @@creebuddha they are mining it for themselves YO. :)

    • @Dirty_D_
      @Dirty_D_ 11 місяців тому +3

      Watch what they do not what they say

  • @geraldt331
    @geraldt331 11 місяців тому +956

    We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they crumble, investors like me might scramble. I’ve been investing for 11 yrs and my $1m portfolio has never been this depleted, how i do hedge this?

    • @yeslahykcim
      @yeslahykcim 11 місяців тому

      In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 11 місяців тому

      I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

    • @lucaswilliams9992
      @lucaswilliams9992 11 місяців тому

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 11 місяців тому

      Evelyn Alicia Schoenholtz' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @brianwhitehawker1756
      @brianwhitehawker1756 11 місяців тому

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @miltonclar
    @miltonclar 3 місяці тому +567

    What sets top invest0rs apart from the rest? I've got $345K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.

    • @lukefisherDD
      @lukefisherDD 3 місяці тому

      Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

    • @allisonbutlerj
      @allisonbutlerj 3 місяці тому

      The greatest profitable investments typically fly beneath the radar,' is a statement that resonates with me from Warren Buffett. Firsthand experience has taught me this lesson. I discovered that my own emotional prejudices had influenced my decision-making following a traumatic divorce. I turned to a qualified advisor for advice, and she helped me turn my company around. My assets increased significantly-they went from $175k to $650k-due to their professional advise. This encounter made me realize how important impartial advice is to attaining financial success.

    • @jessieyoung-szn
      @jessieyoung-szn 3 місяці тому

      How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?

    • @allisonbutlerj
      @allisonbutlerj 3 місяці тому

      NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @calvinlewis-h2
      @calvinlewis-h2 3 місяці тому

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

  • @moonchild6231
    @moonchild6231 11 місяців тому +106

    How is Jamie Dimon not in prison yet?

    • @santoyoarmando81
      @santoyoarmando81 11 місяців тому +5

      Exactly, that’s what I was about to post. He should go to prison from here. Sick and tired of these rich people getting away with so much. Nothing bad ever happens to them.

    • @faizanhaque2070
      @faizanhaque2070 11 місяців тому +2

      Umm… prison for what?

    • @bodazaphfa
      @bodazaphfa 11 місяців тому

      @@faizanhaque2070he’s paid more in criminal fines than some countries have in annual GDP.
      The intrawebz are your friend.

    • @Shieldbiter1000
      @Shieldbiter1000 11 місяців тому +1

      He's too powerful.

    • @mattinterweb
      @mattinterweb 11 місяців тому

      @@faizanhaque2070 running a company that has been proven to manipulate the precious metal markets is just one thing

  • @rorster36
    @rorster36 11 місяців тому +100

    Nice to see BTC being defended by the presenters who actually know what they are talking about unlike Jamie !

    • @stephanwuertz9988
      @stephanwuertz9988 11 місяців тому +7

      Jamie owns bitcoin as well. He's talking nonsense

    • @lookingjust987654321
      @lookingjust987654321 11 місяців тому

      Why do you believe there is value in BTC? Because it's gone up over the years? Not a good thesis in itself regardless of what it is.

    • @NonFlyiingDutchman
      @NonFlyiingDutchman 11 місяців тому

      @@lookingjust987654321 Why do you believe there is value in gold? Why do you believe there is value in Van Gogh paintings?.......the answer is scarcity, Bitcoin is perfectly engineered scarcity.

    • @yehimstone5492
      @yehimstone5492 11 місяців тому

      ​​@@lookingjust987654321what gives Fiat currencies their value? Not backed by gold. Only backed by threats of guns and confiscation of other assets.

    • @DonDaku01
      @DonDaku01 11 місяців тому

      @@lookingjust987654321 It's more than just that, nothing just goes up over time for no reason, perhaps you should do some research into the network itself. But you probably won't.

  • @maximelagace
    @maximelagace 11 місяців тому +98

    The best question to Jamie would have been: "If you don't recommend Bitcoin, why is JP Morgan an AP (Authorized Participant) for BlackRoch Bitcoin ETF?"

    • @terps710
      @terps710 11 місяців тому +15

      EXACTLY. THEY TELLING RETAIL DON'T BUY WHILE THEY LOAD UP. THEY KNOW WHAT THEY ARE DOING

    • @HODL_BTC
      @HODL_BTC 11 місяців тому +21

      JD answered the question without it needing to be asked. He said "I defend your right to do Bitcoin" so if his clients want it, he's okay with it because they can make money from it like all the other products.

    • @Monkofthecaribbean
      @Monkofthecaribbean 11 місяців тому

      @@HODL_BTCHe also said he would ban it if he was “president” but that was a while ago

    • @zayfirstplace
      @zayfirstplace 11 місяців тому +4

      cause THEY WONT TELL YOU ONLY SHOVE IT IN UR FACE. THEYRE ALL INVOLVED. #btc

    • @10010x0x0x01101XX0X1
      @10010x0x0x01101XX0X1 11 місяців тому +3

      I don't think people should drink that much but if you want to pay me a crapload of money for working at a liquor store I'd be happy to do it.

  • @RusuSilva
    @RusuSilva 11 місяців тому +393

    I consider the introduction of a Bitcoin ETF to be a revolutionary step in the financial markets. That I bought a ton at the bottom in October is a good thing. Just recently, $160,000 worth was sold for cash only. Sorry to those who didn't see this entire move. As you listened to bad news all year, you really lost out on some incredible profits.

    • @GeertKins
      @GeertKins 11 місяців тому +2

      This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

    • @RichardMoore-jg5tl
      @RichardMoore-jg5tl 11 місяців тому +1

      I agree. This is why I work with an investment advlsor, I currently have $630k in a well-diversified portfollo that has experienced exponential growth.

    • @mohican-jx6fx
      @mohican-jx6fx 11 місяців тому

      in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

    • @RichardMoore-jg5tl
      @RichardMoore-jg5tl 11 місяців тому +5

      Christine Ann Podgorny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @mohican-jx6fx
      @mohican-jx6fx 11 місяців тому

      I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @Emily24338
    @Emily24338 11 місяців тому +329

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @Henrydonald1
      @Henrydonald1 11 місяців тому

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @jacksonlucas5933
      @jacksonlucas5933 11 місяців тому

      I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It’s not only about having money to invest in stocks ,but you also need to be knowledgeable,persistent,and have strong hands to back it up.

    • @Maryconnell256
      @Maryconnell256 11 місяців тому

      I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up .

    • @jacksonlucas5933
      @jacksonlucas5933 11 місяців тому

      Sure, the investment-advisor that guides me is..

    • @jacksonlucas5933
      @jacksonlucas5933 11 місяців тому

      MARY TERESE SINGH

  • @domr.2694
    @domr.2694 11 місяців тому +48

    He's acting like a meme of Bitcoin critics. Like he wants us to make fun of him. It's obvious non-sense what he is talking about.

    • @PedroTRamos1
      @PedroTRamos1 11 місяців тому

      The NPC´s still listen to people like him. They´re the ones who usually buy the top and sell the bottom.

  • @neilo4493
    @neilo4493 11 місяців тому +77

    Joe did well!! 👏🏻

  • @themoneycrush
    @themoneycrush 11 місяців тому +228

    And yet, JP Morgan is VERY involved 😂

    • @Gr8Incarnate
      @Gr8Incarnate 11 місяців тому +2

      How?

    • @OfficialFA
      @OfficialFA 11 місяців тому +11

      They'll try to control Ethereum...they’ve failed at it with Bitcoin

    • @christseng7645
      @christseng7645 11 місяців тому +1

      ​@DarkLivesMatter JP Morgan is an authorized participant in Blackrock's Bitcoin ETF lol. Google it and you'll see.

    • @bodazaphfa
      @bodazaphfa 11 місяців тому

      @@christseng7645facts.
      Some people have very smooth TikTok brains.

    • @Xander_Wault
      @Xander_Wault 11 місяців тому

      They also already have a product that moves over a billion dollars a day that is a cryptocurrency suite called onyx

  • @FrankCollins-sf9rn
    @FrankCollins-sf9rn 11 місяців тому +76

    I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.

    • @WillieRoy-jj6zz
      @WillieRoy-jj6zz 11 місяців тому

      It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

    • @WillieRoy-jj6zz
      @WillieRoy-jj6zz 11 місяців тому

      I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives

    • @Mattww3435
      @Mattww3435 11 місяців тому

      That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.

    • @Mattww3435
      @Mattww3435 11 місяців тому

      Many won't accept this truth but allow them, they'll understand when they become bankrupt as a result of unavoidable losses trading from mere UA-cam videos.

    • @JamesWilliams-xd6by
      @JamesWilliams-xd6by 11 місяців тому

      The first step to a successful investment is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

  • @GaMingVibes_Official
    @GaMingVibes_Official 11 місяців тому +756

    Seriously AMS38T is something nobody expected and yet it's just breaking all existent rules to make the superior move

    • @UuU1001.
      @UuU1001. 11 місяців тому

      Yes it’s as revolutionary as FTX, Luna, and Celsius!!!!!

  • @Jimm8989
    @Jimm8989 11 місяців тому +89

    The words of a CEO of a bank with record fraud fines.

    • @ltlwatcher
      @ltlwatcher 11 місяців тому +4

      Respond directly to his arguments. Everything else is irrelevant.

    • @krismine99
      @krismine99 11 місяців тому +3

      JPM is the gold standard for banking. I agree with the other guy. If you can make a point about him being wrong, do so.

    • @Jimm8989
      @Jimm8989 11 місяців тому +1

      @@krismine99 If you don't understand why what he says is not possible (Satoshi coming back and "disappearing" all the bitcoin) or why bitcoin isn't a pet rock, I suggest you study bitcoin some more.

    • @chode2b
      @chode2b 11 місяців тому

      Jamie argues that Bitcoin is only used for illicit activities and money laundering. Yet since 2000​ JP Morgan has been paying 39 billion dollars for money laundering fine @@ltlwatcher

    • @nkyankees05
      @nkyankees05 11 місяців тому

      Most of the fines they have received have been for companies they bought, not for JPM itself. Bitcoin is itself a fraud.

  • @eognitsua93
    @eognitsua93 11 місяців тому +40

    Breaking News: US Bank CEO wants the world to use his system and not the trustless peer-to-peer system.

    • @Procanin
      @Procanin 11 місяців тому

      In other news water is wet

    • @gidkom
      @gidkom 9 місяців тому

      yes

  • @Paul-jp8zz
    @Paul-jp8zz 11 місяців тому +63

    His ignorance is astounding

    • @FDT2024now
      @FDT2024now 11 місяців тому +4

      He is not ignorant, he just has a different plan

    • @Paul-jp8zz
      @Paul-jp8zz 11 місяців тому

      @@FDT2024now If he thinks that Satoshi could just decide to wake up one day and erase it all, yes, he is ignorant. And to be sure, broadly speaking, he is obviously a smart man. But the comments he makes in this video about bitcoin (which echo comments he's made in the past about bitcoin) show that he's either confidently ignorant, or lying.

    • @premium7182
      @premium7182 11 місяців тому +1

      He's not ignorant, he's purposely acting ignorant

    • @TenzinRabyang-w5d
      @TenzinRabyang-w5d 11 місяців тому

      Game theory

    • @neilcameron3021
      @neilcameron3021 11 місяців тому +2

      Hes connected big time perhaps he knows more than you?

  • @GeorgeOscar-oo9ih
    @GeorgeOscar-oo9ih 9 місяців тому +6

    I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 72k

    • @CharlotteJackson-me9ew
      @CharlotteJackson-me9ew 9 місяців тому

      Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

    • @Exceed-Expectations
      @Exceed-Expectations 9 місяців тому

      @@CharlotteJackson-me9ew It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.

    • @HugoArlo-rs6gl
      @HugoArlo-rs6gl 9 місяців тому

      @@CharlotteJackson-me9ew well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

    • @ReyanshVivaan-np1dw
      @ReyanshVivaan-np1dw 9 місяців тому

      @@HugoArlo-rs6gl Well, i have been getting suggestions to use an advisor for sometime now, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @HugoArlo-rs6gl
      @HugoArlo-rs6gl 9 місяців тому

      @@ReyanshVivaan-np1dw She goes by ‘’Keren Huff Pump’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did

  • @henrymuriithimberia
    @henrymuriithimberia 11 місяців тому +1422

    I’m still interested in what Amazon will do with the AMS38T now .

    • @luisa.3424
      @luisa.3424 11 місяців тому +1

      No thanks. I still stick with my BTC.

    • @johnbarrett5229
      @johnbarrett5229 11 місяців тому

      You're trippin man. Buy BTC and hold. AMS is for kids and suckers. Yes really.

    • @stevendaveshwar9802
      @stevendaveshwar9802 11 місяців тому +7

      That’s a bot

    • @optionmillionairebstudios
      @optionmillionairebstudios 11 місяців тому

      Amazon will lick my balls

    • @UuU1001.
      @UuU1001. 11 місяців тому

      I think I’ll put all my money into AMSHIT38. First let me get my profit from FTX and Luna first.

  • @buka888888
    @buka888888 11 місяців тому +21

    Jamie is talking about "bad use cases" yet he forgets to mention that 99.9 of bad use cases is done via fiat currencies and even if he spent half hour talking to law enforcements he would get educated that tracking criminals on Bitcoin network is extremely easy. Not so on fiat.

    • @1AnonA1
      @1AnonA1 11 місяців тому

      Thanks for your comment. Hope a lot of people read it. They should google "jpmorgan c*caine ship".

    • @1975altis
      @1975altis 11 місяців тому

      And he acknowledges fiat is used more in money laundering and illicit activity! What a hypocrite

  • @markjabari1101
    @markjabari1101 11 місяців тому +210

    Trusting Jamie Dimon is like trusting Dracula with a patient during blood transfusion

    • @justinparker9892
      @justinparker9892 11 місяців тому +3

      Lolololol

    • @rpaul9932
      @rpaul9932 11 місяців тому +4

      Best analogy ever!!

    • @Peteeboy2011
      @Peteeboy2011 11 місяців тому +3

      Yup Jamie dinosaur 🦕

    • @Scorch428
      @Scorch428 11 місяців тому +3

      Dont trust some program with mathematical certainty to hold your money!
      Trust ME, guys!
      ahahhaah

    • @Together707
      @Together707 11 місяців тому +1

      And what ? Larry Fink is better because he likes bitcoin ? You are delusional.

  • @joefuentes2977
    @joefuentes2977 11 місяців тому +33

    All you had to do was not listen to these people over the years and just buy some Bitcoin and hold it and you would be outperforming the market and doing very well.

    • @bodazaphfa
      @bodazaphfa 11 місяців тому +3

      Facts!

    • @micntr
      @micntr 11 місяців тому +1

      That’s like almost any stock. It’s volatile. If you purchased Tesla, Meta, Netflix, etc stock you’d cash out big time at some point too. Meta traded at a third of its value 1+ years ago.

  • @Alejandracamacho357
    @Alejandracamacho357 11 місяців тому +112

    It's been quite a pump. But you know, with crypto, the big question is always when to enter and exit the market to make profits. What are your thoughts on that? I've been holding $250k since 2021 and seen it pump n dump.

    • @PhilipMurray251
      @PhilipMurray251 11 місяців тому +1

      Reminds me of the guy who bought bitcoin in like 2011 and everyone was calling him a chump, then the market boomed and after a few years and he made a killing, whereas many people got burnt because they doubted.

    • @Blitcliffe
      @Blitcliffe 11 місяців тому +3

      The only issue you might have is the fear of missing out, just like everyone else. Having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 this year

    • @2024Red-j5t
      @2024Red-j5t 11 місяців тому +1

      Please how do I find and contact this financial counselor ?

    • @Blitcliffe
      @Blitcliffe 11 місяців тому +5

      I get guidance from Nicole Desiree Simon. Most likely, the internet should have her basic info

    • @2024Red-j5t
      @2024Red-j5t 11 місяців тому +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @andrewtate-dh2tb
    @andrewtate-dh2tb 11 місяців тому +4

    this guy has a Ukraine flag on his chest, what a joke.

  • @chrisadams27
    @chrisadams27 11 місяців тому +66

    Joe taking it to Jamie!!!

  • @elrevesyelderecho
    @elrevesyelderecho 11 місяців тому +14

    1:25 If that's the case you should stop using US dollar because all those crimes are using this fiat currency. You forgot to mention Cartel Drug war...what currency are they using for? $$$$$$$$

  • @GaryWinstonBrown
    @GaryWinstonBrown 11 місяців тому +440

    The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Samuel Peter, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment…

    • @GaryWinstonBrown
      @GaryWinstonBrown 11 місяців тому

      he's mostly on Telegrams, using the user name.

    • @GaryWinstonBrown
      @GaryWinstonBrown 11 місяців тому

      @Sampeter619 💯 ..that's it

    • @GaryWinstonBrown
      @GaryWinstonBrown 11 місяців тому

      The one with the verified badge

    • @Ashleycorrie8494
      @Ashleycorrie8494 11 місяців тому

      Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.

    • @Bradleyschaeffer376
      @Bradleyschaeffer376 11 місяців тому

      It is really refreshing to see a comment about Samuel Peter.I have worked with his also for months now, he simplifies matters, whether it's a market surge or drop; his approach consistently keeps you ahead of the trend, He's a guru i'll say

  • @Tyler_WI
    @Tyler_WI 11 місяців тому +2

    Jamie and the rest of this crew confirmed here that 80% of congress (R’s and D’s) agree on most things. So the uni-party is real and thriving in DC. Thanks for the confirmation

  • @lscotti1
    @lscotti1 Місяць тому +3

    Sounds like JP Morgan missed the boat and he is very bitter!

  • @Steve-fh3si
    @Steve-fh3si 11 місяців тому +13

    Love how Jamie says this is a free country and he thinks you have the right to use/trade Bitcoin, but just a few months ago, in front of Congress, he said it should be banned.

  • @michaelbennett6174
    @michaelbennett6174 11 місяців тому +46

    “Bitcoin is used for money laundering”
    “Cash has been proved to be used for money laundering 10x”
    “I understand”

    • @jpmking9635
      @jpmking9635 11 місяців тому

      thats really a fallacious argument! I have seen bitcoin gurus claim that bitcoi is perfect money sent from God but if its perfect money that it would be able to be used for money laundering at all.

    • @jpmking9635
      @jpmking9635 11 місяців тому

      its like saying......hey man your wife cheated only 2 or 3 times but its okay because your ex-wife cheated on you 50 times....

    • @monke5004
      @monke5004 11 місяців тому

      ​@@jpmking9635 so don't use any form of payments cus they've all been used for bad. 😂

    • @davidmella1174
      @davidmella1174 11 місяців тому

      @@jpmking9635 I'll have to tweak your analogy. First: it is the norm that everyone's wives cheats 50 times. That's what has already existed, but they are surprisingly masters at hiding this. Second: Wives that cheat less (lets just say about 2 or 3 times like you mentioned) are seen with incredible suspicion and blamed for all of the cheating, because they are the ones that also happen to be transparent about the cheating.
      Now you tell me, do you want the wife that cheats more on purpose and won't admit it (but statistically almost definitely is), or one you could somehow understand is being transparent and doing so less?

    • @JumpDiffusion
      @JumpDiffusion 11 місяців тому

      I don’t see neither a contradiction nor a point you are trying to make….

  • @Maikel-y4n
    @Maikel-y4n 11 місяців тому +195

    Love the journalist on the left love how hé pushed back

    • @trappart9209
      @trappart9209 11 місяців тому +5

      I saw him in few documentaries. Seems like great journalist

    • @andrehojmark1662
      @andrehojmark1662 11 місяців тому

      Of course JP morgan is against crypto because they control a lot of the banks

    • @1gm245
      @1gm245 11 місяців тому +14

      "Bitcoin can do everything gold can do." Funny, didn't know Bitcoin was used to create electronics or in industrial manufacturing. My genuine question to Bitcoiners: have you ever actually used Bitcoin to buy something? I fully support the philosophy behind Bitcoin and I really wish it succeeded as a global currency, but people only buy it hoping it goes up, instead of using it like an actual currency.

    • @vikimg
      @vikimg 11 місяців тому +2

      ​@@1gm245well said and 💯 agree.

    • @Flowz2023
      @Flowz2023 11 місяців тому

      ​​​@@1gm245at least the Person who buys got something of worth. The worth is a result of the trust people put into it. Noone can take it from you and you if you Story it correctly. Don't even need it as money. It protects your wealth over the long run. We will see if it succeeds or not but this Jamie Dimon or what he is called at least JP Morgan is also involved in the space.
      Sure gold can be used but ist also a store of value, as bitcoin is. It May be volatile but look at the performance over multiple years. If there was no worth to it, it would have already been gone a long time ago.

  • @brendan7258
    @brendan7258 11 місяців тому +15

    They don't want you to buy BTC because they can't control the supply of it.

  • @shellywhite2145
    @shellywhite2145 10 місяців тому +143

    What are the best additions to a $500k portfolio to boost performance?. S&P 500 is Up and will do better in 2024 I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets..

    • @shellywhite2145
      @shellywhite2145 10 місяців тому

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation

    • @shellywhite2145
      @shellywhite2145 10 місяців тому

      Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

    • @bistecaimpanada
      @bistecaimpanada 10 місяців тому

      market is overinflated. it could crush between 30-40 %

  • @bkkarki21
    @bkkarki21 11 місяців тому +14

    JPMorgan knows bitcoin is a threat to his business. He knows 21M is the hard cap. He knows USD is the main currency for money laundering and illicit activities.
    He just has to say and do things in his best interest

    • @chingron
      @chingron 11 місяців тому +1

      But he can’t even pronounce satoshi. After this interview, I think it is pretty clear he actually hasn’t got a clue about bitcoin.

    • @tombelfort1618
      @tombelfort1618 11 місяців тому

      @bkkarki21 jp morgan is dead. That is jamie dilon, the ceo of the company jp morgan

    • @neilcameron3021
      @neilcameron3021 11 місяців тому

      If Bitcoin is limited to 21 million how about Bitcoin 2?

  • @Alexrmacleod
    @Alexrmacleod 11 місяців тому +34

    respect joe he’s been in the game so long and calls people out on their bs

  • @drflat9223
    @drflat9223 11 місяців тому +17

    BTC is just digits on a screen. Totally true. So is your dollar, yuan, euro, pound, yen, etc. Same thing. Only difference is BTC is the best performing asset in the last decade.

    • @philfortner1805
      @philfortner1805 11 місяців тому

      Best performing asset in world history.

    • @joefuentes2977
      @joefuentes2977 11 місяців тому

      I actually completely disagree with the arguments that it's "not real", "it has no utility", "it's not backed by anything" etc because it is in fact very real and is backed by the Bitcoin network of miners which require to always be running continuously to work and secure the network. It's actually backed by many physical computers and a lot of real power that requires a lot of physical work to happen or else BTC wouldn't exist. I would argue that it in fact has a lot more tangible backing 24/7 than something like gold which only needs to exist and sit there all shiny. Gold doesn't need any additional backing just because it's scarce and has history on it's side we know it has held its value over thousands of years where BTC doesn't have that much time on it's side which is a legitimate major difference.

    • @neilcameron3021
      @neilcameron3021 11 місяців тому

      ​@@philfortner1805better than Dutch.tulips?

  • @cryptitosanti1730
    @cryptitosanti1730 11 місяців тому +1

    I support BTC. Jamie diamond is JP morgan. And we know JP morgan history and banks in general. Bank are intimidated by BTC

  • @WolfSoundsHQ
    @WolfSoundsHQ 3 місяці тому +1

    Agree with Jamie Dimon 2:33, if there is consensus then the supply can be changed when it has reached the 21 millions cap

  • @frankmanniber6283
    @frankmanniber6283 11 місяців тому +355

    It is always good to have a financial plan. I work with a professional planner and fixed-income strategist in NY. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

    • @georgeearling905
      @georgeearling905 11 місяців тому

      I don't think I need a finance advisor. I can manage my own money and investments. I don't want to pay someone else to tell me what to do with my hard-earned cash.

    • @bernardlynch5226
      @bernardlynch5226 11 місяців тому +1

      That's a risky attitude. You might be missing out on some valuable opportunities and strategies that a finance advisor can offer. A finance advisor can help you plan for your short-term and long-term goals, optimize your tax situation, diversify your portfolio, and avoid costly mistakes.

    • @mathijswouter3301
      @mathijswouter3301 11 місяців тому

      @@bernardlynch5226 I agree with you. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations. They can help you stay on track and avoid making impulsive decisions that can harm your financial future.

    • @rodgertim2881
      @rodgertim2881 11 місяців тому

      @@georgeearling905 I used to think like you. I thought I knew enough about finance and investing to handle everything myself. But then I realized that I was spending too much time and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor CHRIS RYAN STEWART and it was one of the best decisions I ever made. He saved me a lot of time and money, and gave me peace of mind.

    • @collettejacqueline4160
      @collettejacqueline4160 11 місяців тому

      I know of his expertise. I have turned over more than half a million dollars working with him on a very wide array of options and finally sticking to a few that have been favorable in the past 1 year.

  • @michaelhume5800
    @michaelhume5800 11 місяців тому +33

    I doubt he’s put more than 15 minutes into learning how Bitcoin works.

    • @andrewmcmurray8081
      @andrewmcmurray8081 11 місяців тому +4

      I honestly believe he knows exactly how BTC works, and why it's a fantastic asset and tech for a variety of reasons. What I don't know if why he is behaving this way on TV. I have my guesses though.

    • @justinparker9892
      @justinparker9892 11 місяців тому

      I think he knows….

    • @gobot581
      @gobot581 11 місяців тому

      Lol he knows exactly how it works he has gotten richer and is set up to get even richer from crypto. But in the current financial system he is close to a God why would he want another system.

    • @2011hwalker
      @2011hwalker 11 місяців тому +3

      lol are you joking Jamie Dimon is one of the best financial minds in corporate management. Do you have any idea what it takes to be a CEO of one of the largest financial institutions in the world. Its an absurd level of competence.

    • @tacotom3492
      @tacotom3492 11 місяців тому

      ​@@2011hwalkerhe's a complete crook and liar .. what are you smoking . Yes, he's kept power for a long time but he's a scum bag .

  • @mfer134
    @mfer134 11 місяців тому +21

    Thanks for challenging Jamie a bit. Clearly he needs to be challenged on these "old man" ideas.

  • @videomonster9778
    @videomonster9778 11 місяців тому +2

    The qualities of gold are not present in bitcoin. Bitcoin is artificially scarce.

  • @DRB5000
    @DRB5000 10 місяців тому +2

    It costs money to hold bitcoin? How so? Doesnt look like it from my portfolio

  • @walterblake1
    @walterblake1 11 місяців тому +5

    He is so nervous and frustrated talking about bitcoin... that says everything

  • @aloha3615
    @aloha3615 11 місяців тому +10

    Well done for making valid points CNBC ❤🙏

    • @Juulikasergei
      @Juulikasergei 11 місяців тому

      I support that too. Who is your best crypto advisor. I need one for 2024

  • @josephe3367
    @josephe3367 11 місяців тому +8

    I can't believe this guy is the ceo of largest bank. "It's a free country" " don't ask me about it"
    He sounds like a guy In a bar

  • @Josytt
    @Josytt 11 місяців тому +1

    How is this guy not in handcuffs? We “literally” know and have proof he’s buying bitcoin & yet says what he says

  • @Rhino11111111
    @Rhino11111111 11 місяців тому +1

    This clown needs to go. He doesn’t even understand what Bitcoin is. One person simply can’t just delete it all.
    And the argument for Bitcoin being used for crime hasn’t JPM had fines for illegal doing using FIAT!!?!

  • @kmoore899
    @kmoore899 11 місяців тому +101

    It’s is amazing how Joe is now pro Bitcoin. It shows integrity for a man to change his mind once he gets the information. Joe “just gave you an half hour.” 😂 classic!

    • @thetjt
      @thetjt 11 місяців тому

      CNBC anchors have no integrity. All they do is promote overpriced US stocks & worthless btc.
      Joe is probably invested himself in btc. The other option is that he's merely dumb, promoting a ponzi scheme.

  • @jackieferrucci207
    @jackieferrucci207 11 місяців тому +58

    Watching JD squirm is priceless. This is what winning looks like! "I like to own things that pay me incomes" translation.... I like to steal the wealth from other people.

    • @ReneSalasDesign
      @ReneSalasDesign 11 місяців тому +1

      Ethereum is economically secure. Bitcoin is not. Simple as that. Ethereum pays validators while being a deflationary asset. Bitcoin pays miners through inflation and has no plan for security when that inflation runs low.

    • @Flowz2023
      @Flowz2023 11 місяців тому +1

      Etherium is not as safe as btc. Controlled by the ones holding the most. But we will see how it turns out in a few years.

    • @ReneSalasDesign
      @ReneSalasDesign 11 місяців тому

      @@Flowz2023 ETH is not a governance token, you are mistaken.

    • @Scorch428
      @Scorch428 11 місяців тому

      This is like Big Oil coming out against Tesla.
      Prepare to get poor, Jamie. No want wants to pay you to keep their money in the bank anymore. And it only gets worse from here.

  • @edisonting9278
    @edisonting9278 11 місяців тому +10

    Developer can't add more bitcoin unless they start a brand new Bitcoin chain with higher number from the start. You simply can't add more coins after the first block is mined because that's the beauty of it's design.

  • @10010x0x0x01101XX0X1
    @10010x0x0x01101XX0X1 11 місяців тому +1

    I don't understand this idea that you can't make more bitcoin. if you made bitcoin once why couldn't you make it again. ontop of that ppl create new crypto currencies all the time. it's like saying you can't create new Myspaces. like.. ok.. but you can create facebook... there's absolutely no reason why bitcoin should be in demand forever

  • @youtubyoutub2304
    @youtubyoutub2304 11 місяців тому +2

    Us super rich people love BTC/ETF but aye you normal people wouldn’t like this, the thing we’ve been trying to push for years yeah nah you wouldn’t like it, we like it tho..

  • @kirayamatogokusasuke
    @kirayamatogokusasuke 11 місяців тому +6

    Joe is a top G

  • @simonfurlong4022
    @simonfurlong4022 11 місяців тому +6

    Costs to hold BTC? No Max cap for BTC?
    Jamie doesn't know what he is talking about on this topic. Liz warren has been whispering in his ear.

    • @mikev4373
      @mikev4373 11 місяців тому

      Can you explain to me what BTC produces? Does it generate any income?
      An asset that doesn’t produce anything will never be a great investment over time.

    • @michaelbennett6174
      @michaelbennett6174 11 місяців тому

      What does gold produce?

    • @mikev4373
      @mikev4373 11 місяців тому

      @@michaelbennett6174nothing that’s why it’s been a terrible investment and people like Dimon and Buffett don’t own any.

    • @simonfurlong4022
      @simonfurlong4022 11 місяців тому

      Fixed supply assets are very uncommon in todays society, even gold inflates a couple of percent per year as we mine more gold. In a world where all central banks target 2% inflation (basically a tax on society each year) and irresponsible monetary policies (Printing cash on a mass scale), this is more important than ever and is why BTC is gaining adoption.
      Many commodities do not generate yield.. You can actually use BTC to generate income in Defi, and it can act as a store of value that removes the need for you to trust any third party.

  • @YokeRoel
    @YokeRoel 11 місяців тому +17

    Jamie Dimon: „I’d defend your right to own Bitcoin“
    Also Jamie dimon: „if I was the government, I’d shut it down“
    You can’t have the cake and eat it, too.

    • @Scorch428
      @Scorch428 11 місяців тому

      Its putting me out of business!

  • @jordanroberts7931
    @jordanroberts7931 11 місяців тому +1

    For someone who really can't stand talking about Bitcoin, he seems to keep interrupting and wanting to keep talking about Bitcoin.

  • @esta1177
    @esta1177 11 місяців тому +3

    Is there a reason why Chase Bank and Coinbase have similar logos?

  • @DrDisinfect_TheWorld
    @DrDisinfect_TheWorld 11 місяців тому +8

    I'm glad he pushed back on Jamie.

    • @h2w25
      @h2w25 11 місяців тому

      Jamie is literally a crook

  • @EFHTVDinero
    @EFHTVDinero 11 місяців тому +7

    JOE is my HERO!

  • @BruceSellers422
    @BruceSellers422 11 місяців тому +32

    Thank you for your wonderful videos. I always watch your videos, and I shared your video links with four friends of mine, I love how open minded you are about investing, I read an article of investors that made upto $500,000 within 2months from options, so please I'd really love more tips and clues on how to outperform the market and make such profit using options

    • @upanddowndownandup
      @upanddowndownandup 11 місяців тому

      SCAM ALERT !!! CODE RED!!!! SCAM!!!!!!!!!!!!!!!!!!
      !!!!!!!!!!!!!!!!!!!BIG SCAM ALERT!!!!!!!!!!!!!!!!!!!!!! ALL THOSE COMMENTS COME FROM THE SAME IP-ADRESS. BOTS!!!!!!!!!!!!!!!

  • @jvolpehoo
    @jvolpehoo 11 місяців тому +1

    Every time he tries to convince us to be dismissive and FEARFUL of Bitcoin he turns around and buys-in after the price drops due to the bad press. Get it?

  • @JC-21470
    @JC-21470 12 днів тому +1

    That did not age well and now JD is probably buying it hand over fist!

  • @davidt-gb9pz
    @davidt-gb9pz 11 місяців тому +4

    Amazing how anyone thinks the worse banking criminal who manipulated the silver market for years and is a born liar who paid millions in fines has a voice.
    This criminal should be behind bars for life.
    The worse kind of human possible.

  • @williamhowell8140
    @williamhowell8140 11 місяців тому +23

    Nice job, Joe!

  • @elrevesyelderecho
    @elrevesyelderecho 11 місяців тому +6

    1:49 Quote: 'If I Was the Government, I'd Close it Down' ...so, that's not free market, democracy our any libertarian approach to the subject.
    He advised to a left wing socialist politician that the government should put their hand on it. I would suggest the government to close down JPMorgan because the money they hold is use into money laundry actions too.

  • @AS-zj6uk
    @AS-zj6uk 7 місяців тому +1

    Haha.... JP MORGAN JUST BOUGHT BITCOIN ETF, he played the interviewers like fools

  • @0xFERNOODIE
    @0xFERNOODIE 11 місяців тому +2

    Sounds like he just hates on BTC because it doesn’t have smart contracts. He must be bullish on ETH.

  • @derekfuqua1254
    @derekfuqua1254 11 місяців тому +4

    Notice how when Blackrock and the big wigs are brought up at 2:00 in, he diverts the attention away. Like they're not wanting to be called out for being involved.

  • @TrunkMonkey42
    @TrunkMonkey42 11 місяців тому +10

    These finance people are all honest.

  • @jasonk446
    @jasonk446 11 місяців тому +4

    Around 150 companies now accept BTC as a form of payment. Some of these are major companies. You also have an entire country that made BTC their currency. So, obviously it is used for positive transactions not just all the bad junk he mentioned.

  • @christophergarwood2320
    @christophergarwood2320 11 місяців тому +1

    Dont follow Jamie!!! He and the big guys are loading up.

  • @atallafet
    @atallafet 10 місяців тому +2

    My personal advice is don´t trust bankers

  • @TheMilkman-k7p
    @TheMilkman-k7p 11 місяців тому +5

    Bitcoin can be used as a hedge. Even with that alone makes it a viable option during challenging times. Gold is a hedge.

    • @plohurts5893
      @plohurts5893 11 місяців тому

      btc is a hedge to what ? ppl buy btc to get rich, they dont use it for anything other than speculation. when enough ppl have lost money that they dont try to buy btc to get rich anymore and the ones that got rich from the losers start cashing out it will collapse basicly a herbalife mlm with the product being numbers you can send to other ppl.

  • @Zzues
    @Zzues 11 місяців тому +5

    So, regarding the bad use cases of cryptocurrencies is Jamie saying that fiat currency isn't used for bad things? If not, then what is the difference in amount used between each in bad use cases, more fiat or more crypto being used for bad use cases? Also, can we track crypto currency wallets being used for bad use cases and can we track fiat currency being used for bad use cases? I sure wish these nay sayers like Jamie Dimon would actually have an in depth conversation other than "Unga bunga, crypto bad, gold good!"

    • @alexmacchalatte
      @alexmacchalatte 11 місяців тому

      Actually gold was also something that the government once made it illegal for for us to own. Whenever a means exists to escape the tyranny of bankers, the government will act to shut it down. History tells us this.

  • @Secretblog2
    @Secretblog2 11 місяців тому +702

    Rumors were that Amazon would launch AMS38T this month and judging from this it's pretty accurate haha

    • @m.s.biteth1164
      @m.s.biteth1164 11 місяців тому

      The sacred project AMS38T ended today due to Amazon's new stance that bitcoin is the better way to go about digital payments using the Lighting Newtork. About time AMS38T ended gracefully.

    • @luisa.3424
      @luisa.3424 11 місяців тому +1

      No thanks. I still stick with my BTC.

  • @TomTom-yq6lo
    @TomTom-yq6lo 11 місяців тому

    I dont understand who listens to guys like jamie. Everything that comes out of his mouth is an attempt to manipulate someone in some way, incredible

  • @ricardobarbosa-by4gz
    @ricardobarbosa-by4gz 11 місяців тому +4

    He’s clearly bothered and threatened to the point he actually is cursing on live television

  • @patriot5550
    @patriot5550 11 місяців тому +8

    "Don't get involved" while btc is 42,000$, get involved when it gets to 150,000$ 😂

  • @buka888888
    @buka888888 11 місяців тому +13

    Its amusing and also alarming how a CEO of the largest financial institution is so uneducated on the topic. Or he is extremely educated and just like a US Postal Chief in 90s is badmouthing "email" But yet there are guys like Joe that do the dilligence are educated on the topic...

    • @WillS-pl8wg
      @WillS-pl8wg 11 місяців тому +3

      100%

    • @xollob
      @xollob 11 місяців тому

      He understands exactly how it works. He's not as stupid as he sounds. He's just buying time to see how he can manipulate it and maybe his frustrations are what we are seeing here. He understands Blockchain and smart contracts and cannot see his angle on how he can get some of that leverage to manipulate. Guy's a shark and is working out how he can get into the diver cage and eat us all.

  • @-ELsultanTube
    @-ELsultanTube 11 місяців тому

    I love your analysis, always on the point. And yes, Xeventy is a game changer. Great project!

  • @randychung0402
    @randychung0402 6 місяців тому +2

    He sounds threatened, was he hurt by btc at some point

  • @menacemini4894
    @menacemini4894 11 місяців тому +4

    Folks aren’t parking their money in Bank accounts .. they now can buy BTC. That in itself is a threat to banks.

    • @neilcameron3021
      @neilcameron3021 11 місяців тому

      The seller of the bitcoin.puts the money in the bank.There is no avoudance

    • @menacemini4894
      @menacemini4894 11 місяців тому

      @@neilcameron3021 For now lol .. I’m sure in the future technology would allow for a completely different method

  • @ZidaneSteiner
    @ZidaneSteiner 11 місяців тому +5

    At some point people like Jaime Dimon will know how Bitcoin works, and will understand that you CANNOT create more than 21 million BTC without forking into a completely new chain. Nobody would do that because the longer the chain the more secure it is.

    • @chingron
      @chingron 11 місяців тому

      Doesn’t forking still keep a record of the previous blocks? It thought forking always kind of like copying DNA, where you essentially get an exact replica, but the new replica follows a different set of rules.

  • @silversurferablaze1
    @silversurferablaze1 11 місяців тому +7

    Okay got it , time to put all my money in bitcoin 😁

  • @brunelleschi77
    @brunelleschi77 11 місяців тому +1

    Please take care of the bots in comments. It's getting ridiculous to read all these obviously fake accounts 🤦🏼‍♂️

    • @youtubyoutub2304
      @youtubyoutub2304 11 місяців тому

      It’s way past the point of UA-cam caring to fix it, literally the ads are bots as well

  • @69pepe420
    @69pepe420 11 місяців тому +2

    Dimon made a fool of himself and his clear lack of knowledge around Bitcoin lol

  • @andrenations1
    @andrenations1 11 місяців тому +9

    the ignorance of this man baffles me to the fact that he doesn’t wanna understand that everything is moving constantly and his business one day is going to be old however he’s not going to be here to see that but the people who is going to take care of his business are going to have a hard time to adept that’s because his a hard head. such smart guy but ignorant at the same time.

  • @unitednoobies898
    @unitednoobies898 11 місяців тому +5

    Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF Despite Jamie Dimon Wanting to Ban Crypto