JP Morgan chief claims BitCoin is a “fraud” reserved for criminals. He would know. JP defrauded its customers for decades without need for a crypto-currency.

The only reason crypto-currencies are hot right now is because governments are not exercising their own ability to create enough currency to reach full employment, world-wide. We need to do that first, then we can look at other currencies – if they even make sense at that point.

Source: BitCoin will not be our saviour – Renegade Inc

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