👽 Lifes so short its scares me || Most of the time I never feel like I’m doing enough|| Never putting out enough work || Maybe not enjoying enough || As much as I love money, I always put legacy first || I just want to build an empire that people talk about years from now || If people speak about me and say I’m the hardest working, an inspiration that anythings possible, and a good person, that means more than any currency could || When you work hard enough with a purpose, the rest will come. . . #backtowork#tuesdaymotivation || 📽: @kylecmckenzie
In an interview with Fox Business, Tyler and Cameron Winklevoss have challenged JPMorgan CEO Jamie Dimon to short bitcoin on the futures market if he remains confident that bitcoin will fail in the long run. “We’ve been working really hard to give Jamie Dimon an opportunity to short bitcoin, and anybody who says that you know, it’s a fraud or a bubble, you can go now [and] put your money where your mouth is, and bet against it,” said Cameron.
Several renowned analysts and experts in the cryptocurrency sector including Ari Paul, the co-founder of Blocktower Capital, do not believe that Jamie Dimon sees bitcoin as a scam or a money laundering tool. Rather, Paul believes that Dimon understands bitcoin better than most people in the market but is purposely misleading the public because he considers bitcoin as a threat to their dominance over the global offshore banking industry.
Paul explained: “So most of the financial luminaries, I think genuinely don’t understand what it’s trying to be. Jamie Dimon’s an exception. By all accounts, I know people who spoke to him about cryptocurrency four years ago. He gets it, he understands it, probably better than me and he views it, I think, as a brand new competitor to JPMorgan. So he understands that JPMorgan collects a lot of fees for providing a storage of wealth in a secure way that’s judgement resistant to clients, and bitcoin does it an order of magnitude better.
In addition to Cameron’s comments, Tyler Winklevoss further encouraged Dimon to personally bet against bitcoin through the futures market and take JPMorgan’s balance sheet with it. “We encourage Jamie Dimon, we encourage him to personally bet against it, bitcoin, take J.P. Morgan’s balance sheet, bet against bitcoin. We’ll see what happens,” stated Winklevoss.