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Many of the people who used to strongly criticized Bitcoin had done it because they failed to fully understood it and they were then mistaken with their assumption that it was just a fad and would just go away. Then of course, many of them realized that profits can be made with Bitcoin too and there is now a growing demand for it in their client-base...just like in the case of Jamie Dimon. I am actually expecting a steady increase of people who are to change their minds on Bitcoin as months and years roll by.
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Many has taken back their words as Bitcoin remains the biggest alternative?
Guys, it is actually getting surprising each day as many of us read on various news and social media platforms that those who, in many instances criticize or condem Bitcoin are now coming back?
It wasn’t so long ago that Wall Street was dismissing crypto as a passing fad. Jamie Dimon, the CEO of the largest bank in the US called Bitcoin a fraud, Warren Buffett called it rat poison and many others used even worse terms. But now, they are all clamoring for a piece of the Bitcoin pie even as they lose some of their best talents to crypto and blockchain startups.
Many have taken back their words and are trying to sound pro-Bitcoin. Jamie Dimon didn’t take long before he admitted that he was wrong to call Bitcoin a fraud. His bank JPMorgan now constantly calls Bitcoin the best hedge against inflation and has been making very ambitious predictions for the future price of the top crypto. Do you think all haters will come onboard the crypto space?
