> "The only value of bitcoin is what the other guy'll pay for it," Dimon said. "... | Hacker News

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		kough on Dec 8, 2017 \| parent \| context \| favorite \| on: Goldman Sachs Plans to Clear Bitcoin Futures When ... > "The only value of bitcoin is what the other guy'll pay for it," Dimon said. "Honestly I think there's a good chance of the buyers out there are out there jazzing it up every day so that maybe you'll buy it too, and take them out." Is there any reason to consider this statement inaccurate?

osrec on Dec 8, 2017 [–]

It's accurate, but it's also accurate for almost every fund/structured security that many of JP's desks are peddling.

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