Saturday, September 30, 2017

Crypto News: Macquarie Analyst Rejects Jamie Dimon's Bitcoin 'Fraud' Critique

Macquarie Analyst Rejects Jamie Dimons Bitcoin Fraud Critique

A senior analyst for Macquarie Group is pushing back against the idea that bitcoin and other cryptocurrencies are not legitimate financial innovations.

Issued in response to recent critiques by Wall Street figures like JPMorgan Chase CEO Jamie Dimon, Viktor Shvets, head of global and Asia-Pacific equity strategy for Macquarie, wrote this week that in spite of any "extreme speculation," bitcoin relies on a "durable technology that is likely to continue to evolve and strengthen."

In a note to clients, obtained by Business Insider, Shvetz then directly took on the allegation that bitcoin is a "fraud" – advanced by Dimon earlier this month.


Full story at http://bit.ly/2wq9cmb


Source: CoinDesk


Tweet This Story

 

 

 

Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Waves my wallet address is: 3PPeCnXEDAiRVzvsuGRycrNDHhWgDq68uVt
If you use Bitcoin my wallet address is: 12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

Bitcoin QR-Code

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.