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Re: SeaBlue post# 18791

Thursday, 01/18/2024 8:06:51 AM

Thursday, January 18, 2024 8:06:51 AM

Post# of 19275
I agree with You that Dimon is talking his/the Bank's book, no doubt about that. We know JPM is investing in Bitcoin/crypto assets in speculatory ways, even if Dimon claims he doesn't like them. The Banksters will back ANYTHING that they feel will make them money, hence the recent approval of the Bitcoin ETF.

I don't believe for one minute the Bitcoin ETF would've come to being without the Banksters approval. Does that mean Bitcoin or a Bitcoin ETF will last? Not if the Powers That Be don't want it. Dimon even made the comment he doesn't think Bitcoin will be around at some future point. He should know that better than anyone else, the Insider that he is.

Dimon made the claim he didn't know how QT or QE were affecting the economy. Ha, that's rich, this Man is one of the top Banksters in the world! To make that claim is very telling IMO. That says to me NONE of these Assholes have a clue about what they've been doing to keep the House of Cards from crashing down at some point. Powell and his Minions most likely don't know how this all washes out either. Nobody bothers asking them what they're doing. Their actions have not been realized to this point. Maybe that's what Dimon means by not knowing how it ALL WORKS OUT.

All this is being done on the fly, so how it all ends is anyone's guess. Including their's.

P.S.: Bitcoin or crypto IMO has come about mostly because of fiat debasement. I still believe in time the Powers That Be will ban Bitcoin or make it in some respects useless. CBDC is their final goal because IMO that puts them in total control of the money systems and control of the people.