4 ms·
It’s ironic that the blog post is an earnest response to Jamie Dimon’s comments about cryptocurrencies. I always assumed Dimon himself was testing his ability t
by nihonde 9y ago
It’s ironic that the blog post is an earnest response to Jamie Dimon’s comments about cryptocurrencies. I always assumed Dimon himself was testing his ability to influence pricing of cryptos with those comments. It’s an old game played by Wall Street: talk a good play down in the press, buy on the downward pressure, and then make money on the correction. This happens during almost every AAPL earnings cycle, for example.