Alex Gurevich – ex-Head of Global Macro Trading, joined John McAfee Bitcoin supporting Side while telling Dimon to “STFU” when it comes to trading. In a tweet he stated:
“Jamie, you’re a great boss and the GOAT bank CEO. You’re not a trader or tech entrepreneur,” he added.
Jamie, you're a great boss and the GOAT bank CEO. You're not a trader or tech entrepreneur. Please, STFU about trading $BTC.
— Alex Gurevich (@agurevich23) September 12, 2017
The cryptocurrency community as a whole directed criticism and scorn towards the opinions of Jamie Dimon calling bitcoin a “fraud” in a conference in a New York. Bitcoin price did drop for a few percentages at that particular time but it could be of many reasons.
On the other side John McAfee targeted Dimon in a somewhat personal address saying that the real fraud title should be given to the uncontrolled fiat currency printing.
“It costs over $1,000 to create each Bitcoin. What does it cost to create a US dollar? Which one’s the fraud?” he asked.
Here's what @officialmcafee had to say to Jamie Dimon's bitcoin bashing comments pic.twitter.com/h2BW6wi3uR
— CNBC's Fast Money (@CNBCFastMoney) September 13, 2017
CEO of Leverj – Bharath Rao, added that virtual currencies will still return good to those early adopters that even in 2017 is countable.
“The ones who have the vision and courage to step in and shape the future will be handsomely rewarded and those who shudder and fear this unstoppable force are choosing to be obsolete with their archaic systems,” he forecast.