What Dopes Like Jamie Dimon Don't Understand About Bitcoin and How to Use it to Your Advantage

Ignorance is not bliss..and information asymmetry is a bitch!

Jamie Dimon continues to double down on his Bitcoin hate, but who amongst us is surprised?

The JPMorgan CEO willingly let himself be Elizabeth Warren’s little puppet, testifying before congress and playing his “role” perfectly.

His recommendation to the gubbermint? Shut down Bitcoin!

Next, dude showed up at Davos and nearly cried on CNBC about Orange Coin.

When the hosts kept pressing him for his views he begged “please stop talking about this shit” after running his mouth about criminals, money launderers and terrorists and their love of Bitcoin.

So, should you listen AT ALL to Jamie?

Know-it-all or Know Nothings?

While Dimon undoubtedly knows a LOT about fiat, the Federal Reserve and its influence, and the TradFi system, he is either ignorant or lying about Bitcoin.

His rambling incoherent word salad about “blockchain not Bitcoin” in the clip above was taken straight from 2017, letting us know he’s still ignorant!

Frankly, in 2024 this is inexcusable. Technology marches on and individuals clinging to the old ways will be steamrolled. Undoubtedly shareholders and board members at JPMorgan are beginning to tire of Jamie’s ignorance about the greatest monetary revolution in history.

Even Larry Fink bent the knee, and quickly pushed his Bitcoin ETF straight through the paper tiger that is the SEC!

He did enough WORK to figure out the Bitcoin is REAL and it isn’t going away. Oh, and he wanted to collect a shit-ton in fiat fees as well.

Know-it-alls on one topic (fiat) continue to be Know-Nothings on the topic of Bitcoin.

They’ll continue to be decimated in Bitcoin terms as time goes by, but that’s a GOOD thing for you!

Bitcoin is a Commodity, and No Amount of Whining Changes That!

Fiat maximalists continue to conflate what Bitcoin is…

Bitcoin is not fiat, but dopes like Dimon think that it is…as illustrated at 2:30 of the video above:

"I think there's a good chance, when we get to that 20 million bitcoins...Satashi [sic] is going to come on there, laugh hysterically, go quiet, and all Bitcoins [are] going to be erased. How the hell [do] you know it’s going to stop at 21?"

Sorry Jamie, the code has been written and is being enforced every ten minutes by the largest computer network ever assembled in mankind’s history.

• Whining about it won’t change that fact

• Calling us “criminals” won’t change that fact

• Labeling us “terrorists” won’t change that fact

• Accusing us of “money laundering” won’t change that fact

• Slandering “Satashi” with some off-the-wall conspiracy theory won’t change that fact

“Satashi” set us on a new course, where a new commodity money is transparent, open and auditable by anyone, anywhere at any time.

Ignoring facts has always been a recipe for disaster for those in competition with a new, better technology.

If you doubt that, just ask Blockbuster shareholders.

Using Information Asymmetry to Your Advantage

The danger for a know-it-all is that ignorance and pride prevents you from really seeing what is going on.

My guess is that Dimon just cannot fathom a new monetary system, one where rules rather than rulers determine how things work.

Anyone who has spent 1,000 hours studying Bitcoin knows better. Technology upgrades have happened in telecom, media, and transportation. Only an arrogant fool would think that MONEY would be impervious to a similar upgrade.

Thus, plebs enjoy a massive advantage over the legacy thinking that pervades society today on this topic.

We’ve done the work, we’ve started stacking, and we won’t stop til EVERYONE agrees with us — RULES NOT RULERS.

Thus, your advantage comes into play when you recognize how early you are.

Today a million Sats can be had for a mere $400 as Bitcoin continues to hover around $40,000.

With three Bitcoin halvings happening in next 3,000 days, this fiat price will look STUPID CHEAP when we look back at it in 20 years…

Stack Harder!