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RE: The Wolf of Wall St Thinks Jamie Dimon is Right - Okay Then...

in #bitcoin7 years ago (edited)

Good point! He's still a pretty smart dude, I remember watching one of his seminars a while ago. But it's interesting that he seems to be in favor of regulation.

I'm actually all for national cryptos at this point, mainly because I believe that will make decentralized exchanges easier to get funds in and out of. :-)

2X has been debated in my crypto group today, interesting stuff and probably a lot of back-and-forth to come just like when BCH came out.

Will give your post an upvote tomorrow, I'm running a little near 80% atm I think.

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Regulation=middleman positions for financial services to charge you more fees

Haha! :-)

I actually wonder if a national crypto would be able to regulate without the middlemen? It probably could if it was set up right. (Unless we count smart contracts as middlemen too).

Very interesting that he is in favour of regulations. Isn't that against the whole point of crypto?

Decentralized exchanges are one of the best things that can happen to crypto, but even though national cryptos will come, I think we are a long way there yet.

Absolutely! I think it's interesting that someone who has been on the wrong side of regulators is in favor of regulation, but there we go! :-)

Agree with the second part too!

Upvote your Charlie Lee post too, I wouldn't have known about that otherwise.

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