The head of Deutsche Bank called the bitcoin fraud
The banker believes that you can’t do business when the currency is taken from the air
The head of Deutsche Bank called the bitcoin fraud
Uncategorized September 13, 2017Chief Executive officer Deutsche Bank James Dimon spoke strongly against the cryptocurrency bitcoin, calling it “fraud”. About it reports Interfax-Ukraine with reference to Financial Times.
“If we worked as a trader, trading in bitcoins, I would have fired him for two reasons. First, it is against our rules. Secondly, that’s just silly,” said Dimon, speaking at a financial conference in new York organized by Barclays.
“You can’t do business when the currency is taken from the air, he said. Is not going to end well… Someone will be killed, and only then did authorities admit the problem.”
“Bitcoin can cost at least $20000 when it will happen, but the problem eventually will Mature. This is a fraud, and personally I’m shocked that no one sees the real situation,” said John.Daymon
The price of bitcoin from less than $250 at the end of 2015, this year exceeded $4000.
The head of Deutsche Bank added that bitcoin “is worse than the Tulip bulbs”. We are talking about short-term outburst of feverish demand for Tulip bulbs in the Netherlands in the 17th century, culminating in the collapse.
“The only true argument I have heard is that if you’re in Venezuela or in Ecuador, or North Korea, or if you’re a drug dealer, a murderer or someone like that, you better deal with bitcoins than USD, you should bypass the system. The market for this kind of action may exist, however, this limited market,” said daymon.
According to coinmarketcup.com the bitcoin exchange rate September 13, 2017 is $3951,46, the market capitalization of bitcoins – more than $65 billion.