VIDEO: John McAfee addresses Bitcoin "fraud" claims on CNBC
John McAfee addresses CNBC on the topic of Bitcoin and statements from JP Morgan CEO Jamie Dimon.
He remains optimistic about the value and growth of Bitcoin! Also makes some interesting arguments about the uses and advantages of Bitcoin and Monero compared to fiat currency.
Jamie Dimon wants you to use Chase Quickpay instead, because obviously people want their money in 1-2 business days instead of seconds. You also get the benefit of having to put all your personal information into the system before you can use the service, and you get the power of centralized control, so the bank can dictate who you can pay and how much you can pay them. That's why the service is so popular and people use the term "I'll quickpay it to you" all the time.
Congratulations @foolishness! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Congratulations @foolishness! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!