Max Keiser became the latest in a long line of crypto pundits to criticize Jamie Dimon and JPMorgan’s JPM Coin. He also suggested that the announcement of Dimon’s new centralized stable-coin had spurred the latest bitcoin price rally.
Never Bring A Noodle To A Knife Fight
In his tweet, Keiser liked Dimon’s arrival on the crypto-scene holding JPM Coin, to “show(ing) up to a street fight… armed with a wet noodle.”
JP Morgan’s Jamie Dimon showed up to a street fight with #Bitcoin armed with a wet noodle called JPM Coin. The market took one look and started buying Bitcoin aggressively. Wall St. will never catch up to Bitcoin’s crypto dominance as it vies for global reserve status.
— Max Keiser, tweet poet. (@maxkeiser) February 24, 2019
He suggested that the mere thought of JPM Coin (one assumes the…