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JPMorgan CEO Jamie Dimon Calls Crypto Tokens ‘Pet Rocks’


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Nah. Not even close to pet rocks.


Bitcoin can:


Be a great way to gamble. Probably >90% of the uses.

A way to pay ransoms when you've been attacked by ransomware.

A way to wash currency.

A way to pay for child porno.


It does have one thing in common with pet rocks. Zero liquidation value. That is, no net value other than what you can trade it for.

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