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After JPMorgan calling Bitcoin a scam for years and only ‘stupid people’ woupd buy it, they try to scam the average person with their so called ‘ETF’. Andrei Jikh exposes them beautifully in this video here.

After JPMorgan calling Bitcoin a scam for years and only ‘stupid people‘ woupd buy it, they try to scam the average person with their so called ‘ETF’. Andrei Jikh exposes them beautifully in this video here.



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  1. jp morgan and other banks have proven record of stealing forex accounts of clients including kingdom of norway

    they manipulated markets to move price against positions of client and WOW using that clients money deposited with jp morgan against them

    for that they were fined 50 bn usd that went to US and UK government

    now they want to do this to bitcoin and clients of etf

    hope new sec head of president biden requires physical ownership of bitcoins for funds

  2. Love Andrei. We all should. He’s a great CPO (chief pump officer) for crypto in general and increasing literacy and adoption into the space through his videos. We should all “like and subscribe” so the algorithm pushes him up and more buy into BTC.

  3. For those who cbb to watch it, these are some of his points:

    1. This so called Crypto ETF actually had no investment / own any Cryptocurrencies, instead they own shares that are related to crypto
    2. This ETF charges a massive 1.5% management fee (compared to Cathie wood 0.75% for her ARK ETFs)
    3. They actually called people who buy bitcoin “stupid” and now they are getting into it

  4. >Investors should be willing to forgo interest and dividend payments and, if the Basket is flat, declines or does not increase by at least 1.50%, **be willing to lose some or all of their principal amount at maturity.**

    **WHAT.** Am I tripping or does that flat-out say they might just pocket your shit if your note *just so happens to go down/sideways and doesn’t break above 1.5% gains by the end of its life*? Does this mean they will just take the rest of your money if it didn’t make *them* money?!

    [Source](https://www.sec.gov/Archives/edgar/data/0001665650/000121390021014247/s131027_424b2.htm)

    Edit for more quotes:
    >In no event, however, will the payment at maturity be less than $0.

    Well I’d fuckin’ hope so.

    >If the Final Basket Value is less than or equal to the Initial Basket Value or does not exceed the Initial Basket Value by at least 1.50%, you will lose some or all of your principal amount at maturity.

    ….

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