🏦❌💸 — JPMorgan CEO Jamie Dimon says he would "close down" Bitcoin & crypto if he were the government.
"The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance.", said him.
➡️ However, less than 1% of the trillions transacted annually in crypto are illicit.
➡️ The UN estimates that annually between 2% to 5% of global GDP ($800 billion - $2 trillion) is used for illicit activities and money laundering through the traditional banking system and cash.
Link | https://archive.is/MZYmw
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
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Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.