AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

aarp bitcoinThe American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in

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Is Bitcoin Basher Jamie Dimon Floating a Presidential Run?

JPMorgan CEO and noted bitcoin basher Jamie Dimon says he’s not running for president, but he wants everyone to know that, if he did, he could defeat incumbent President Donald Trump. “I think I could beat Trump” in an election, the Wall Street icon said Wednesday morning, according to a Bloomberg report. “I’m as tough

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Jamie Dimon Still a Member of the ‘Blockchain Not Bitcoin’ Brigade

Earlier this year, Elizabeth Stark, CEO of cryptocurrency development startup Lightning Labs, famously said that the industry had begun to enter a “bitcoin not blockchain” era as mainstream firms came to recognize the value of cryptocurrency technology. Not everyone, however, is ready to hop off the “blockchain not bitcoin” train. Speaking with the Harvard Business

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JPMorgan Fined $65 Million for Manipulating US Dollar Benchmark

The Commodity Futures Trading Commission (CFTC) on Monday slapped JPMorgan Chase Bank with a $65 million fine for attempting to manipulate the value of a US Dollar benchmark index. JPMorgan Busted for Trying to Manipulated USD Benchmark According to the CFTC, JPMorgan traders repeatedly attempted to manipulate the US Dollar International Swaps and Derivatives Association

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Bitcoin Mining Firm Trolls Warren Buffett with Billboards Outside His Office

Genesis Mining‘s bitcoin advocacy campaign has posted billboards outside of Warren Buffet’s office to remind him that he was wrong about Google and Amazon and warn him he may be wrong about bitcoin, too. The billboards went up shortly after Buffet dissed bitcoin during a Berkshire Hathaway annual shareholders’ meeting. Some new billboards outside of

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Don’t Tell Jamie! JPMorgan May Help Its Clients Invest in Cryptocurrency

JPMorgan, the largest bank in the US with a $384 billion market valuation, has tasked Fintech and In-Residence programme head Oliver Harris to create various strategies the corporation could utilize to help its clients to invest in the cryptocurrency market. Motivation In 2017, JPMorgan CEO Jamie Dimon, who is often described as one of the

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Warren Buffet Says Buying Bitcoin is Gambling, Not Investing

Investment guru Warren Buffet remains unsold on bitcoin and crptocurrencies. He doesn’t even consider buying bitcoin as investing and compares it to gambling. Interviewed during Berkshire Hathaway’s annual shareholder meeting, Buffet explained his ongoing skepticism about bitcoin in an interview with Yahoo Finance. “There’s two kinds of items that people buy and think they’re investing,”

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