Jamie Dimon Absolutely Hates The Idea of People Running Their Own Bank at Home, Argues They Shouldn't Own Bitcoin Nodes

It's just not interesting to put your money on an asset whose price follows a power-law vs. time (P ∝ t^n) since genesis, with 96% precision. I guess he wants life changing overnight.

A few days from now bitcoin price will be $10000 USD higher than it is today. I don't tweet & delete BTW. This stays and we'll giggle if I'm wrong. Bitcoin is itching to snap up.

Apple TV at $300 USD is ridiculous. Less ridiculous than a fully loaded MacBook Pro at $20K+ because Apple TV is a small entertainment device meant to be in multiple rooms and generates no revenue (not a Pro tool).

I remember when the entire crypto industry was $1B market cap. Today a $6B hack barely moves the needle.

Less than 48 hours ago there was a big drop in bitcoin price, because... wait for it... a bitcoin exchange had bad news. #historyrepeats 12 years later after my tweet

Anyone seeing this that keeps bitcoin on the exchanges in the first place, has done zero homework, pays zero attention to what you say, and if this finally gets them to do anything, will probably think the only way to do it is to convert their bitcoin to fiat, THEN move it off.

It needs to reach that price before the average bitcoiner can afford the new @AppleTV

Joke aside, I'd love to hear what the "settled" science is on economics. Let me guess... the Keynesian junk taught in universities?

I'm so glad OpenAI doesn't own any bitcoin.