Article Summary:

Some of the world's wealthiest individuals, including Jamie Dimon, Jane Fraser, and Charlie Munger, have criticized cryptocurrency, with Munger even calling for America to follow China's example and ban it.

However, these individuals are beneficiaries of a legacy financial system that relies on too-big-to-fail intermediaries, while cryptocurrencies allow users to transact without intermediaries. Furthermore, cryptocurrencies have never required a bailout and have not defrauded millions of customers.

Cryptocurrency is accessible to everyone, and adoption rates are highest in countries with unreliable banking systems and the local currency inflationary. Billionaire bankers opposing cryptocurrency are not to be taken seriously, and their criticisms only validate cryptocurrency's potential.

Fantastic article coming out of the mainstream. This should be shared far and wide.

Cantillionares!!! of course they say bitcoin is worthless! System works for them! The youth will rise! Lucky they have freedom technology they can save into