Jamie Dimon's head is driving around Miami, making a point about how backwards Jamie Dimon is.
Remember when Jamie said that thing about how Bitcoin was a waste of time? Well, Bitcoin people do and they are still pretty pretty pissed apparently.
Just ask Marco Streng, CEO of Bitcoin firm Genesis-Mining who commissioned the mobile billboards driving around Miami and blogged his reasoning thusly:
The big banks are woefully behind the innovation curve and are only just now beginning to realize it. Many have adopted an antagonist response to the disruptors in their industry, but it’s already too late. Because what they don’t realize is they can’t stop innovation. You just can’t stop hundreds of millions of consumers who are fed up with an archaic monetary system that is controlled by a handful of wealthy Wall Streeters.
But why go after the Khaleesi of Wall Street?
As Mr. Dimon stated during an event, Bitcoin developers are “Coming to eat our lunch. And that’s fine. That’s called competition, and we’ll be competing.”
Be ready to compete against hundreds of thousands of hungry young entrepreneurs ready to solve the problems you’ve left untouched for decades. As a kind reminder, we’ve taken out billboards throughout Miami with a message for bankers like Jamie Dimon: Bitcoin is coming to eat your lunch.
In yo face, JayD!
But while the idea of Jamie's face being paraded around the streets of Miami is giving a chuckle to the Lloyds and Brians of Wall Street, they might want curb that enthusiasm.
According to Streng, the Dimon billboard is just the opening salvo in his billboard battle agains the big names on Wall Street. "We have a few others on our list," he told Dealbreaker, "and plan to roll out other billboards in the upcoming weeks."