Trend forecaster and commentator Gerald Celente said in an interview that he believes “banks are afraid of Bitcoin”.
Speaking to TheStreet, the publisher of the Trends Journal, Celente argued that banks are “trying to kill the industry”, arguing that they “fear that bitcoin and cryptocurrencies will take their toll.” “There is no second way around this”.
In the interview, Celente recalled the recent comments from Wall Street figures such as JP Morgan Chase CEO Jamie Dimon, who have been heavily criticizing the cryptocurrency space, and in the Dimon case, declaring bitcoin a fraud. Celente,
As long as Bitcoin’s disturbance continues, such attacks can be expected to continue.
In the interview, she said:
“The banks will continue to talk about this, because banking is obsolete and banks are obsolete; so they will do everything they can to stop it.”
Celente says, “I prefer to invest in a monetary value, that’s why I prefer to invest in gold,” although he does not own cryptocurrencies. believes that this market will not disappear somewhere.
“We don’t believe it will last long, we don’t know [in the long run], but the price has gone up very quickly as we can see.”
Looking beyond the speculative dynamics of the market, Celente stated that cryptocurrencies have attracted attention as it offers an alternative to existing structures, both financially and politically. and they don’t want to depend on central banks.” You can watch the video “10 reasons why he hates Bitcoin”.
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