You misunderstand. It should be well known I agree with Dimon (and Buffett and Alpo's boy Stiglitz, by the way) that there is no there there in terms of bitcoin actually having some underlying value because I have stated it repeatedly
They are correct in their assessment of who is most likely to want to use an untraceable payment system, and it ain't law abiding citizens. No, the law abiding citizens are most likely caught up in the speculative nature of vapor money and are primarily concerned with convincing the next generation of suckers to cash in to make sure they can cash out. Ponzi and Madoff would be all about the blockchain if they were still looking down at the grass
They are correct in their assessment of who is most likely to want to use an untraceable payment system, and it ain't law abiding citizens. No, the law abiding citizens are most likely caught up in the speculative nature of vapor money and are primarily concerned with convincing the next generation of suckers to cash in to make sure they can cash out. Ponzi and Madoff would be all about the blockchain if they were still looking down at the grass