Why do bankers love Bitcoin?

Undoubtedly, not everything is what it appears to be. Bankers are often said to reject Bitcoin because Bitcoin marks the end of banking. It is believed that Bitcoin is to bankers what Uber is to taxi drivers. Of course, bankers hate Bitcoin! Bitcoin is the end of all banks. But I’m afraid things are not that simple.

To find out the truth, one has to go into detail. Although some bank CEOs have voiced their personal skepticism about Bitcoin in the past, that doesn’t mean that all bankers automatically hate Bitcoin because they feel threatened. Like it or not, the reality is very different. Bankers don’t see Bitcoin as a threat. On the contrary, bankers see Bitcoin as a great opportunity.

Jamie Dimon, CEO of JP Morgan Chase, is best known for never saying a word. More than once, his verbal incontinence got his bank into trouble. This unbridled sincerity, however, is part of his charisma. He’s been out in public for many years and people know him. It happens even in the best of families. I mean the person who talks without thinking but is tolerated because we like them. Today he is reckless, but in the morning he withdraws. In a good mood, however, everything is tolerated. His spontaneity makes him say things he shouldn’t. But that spontaneity is what we like most about him.

Why do bankers love Bitcoin?
Why do bankers love Bitcoin?

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