j.p. morgan chase c.e.o. jamie dimon compares cryptic heresy to the dutch seventeenth century meaning don't these men have a point i mean a bubble forms when there is public ignorance and most people have they what it is and how it works. i think that i think you have to point the most people don't really understand what bitcoin is it is peer to peer electronic money that means i have a phone here i can use that phone to transfer money to a nearby phone or to phone a phone on the other side of the planet the transfer is instant it is practically free nobody gets to decide whether i can make that transition. and it's all going to be unnecessary middle. more than anything why i believe this. obviously l'engle unit of bitcoin. a peer to peer to. there's nobody to deny me permission to buy a bottle of water nobody thinks of this but it's there with bitcoin this is not true there is nobody needing to give permission in the background there is nobody who gets to say no to a transaction no money can be forced no mon