Banks will continue to talk down bitcoin because it makes the system obsolete, says longtime trends forecaster Gerald Celente.

But Celente has a stern message for the banks, "bitcoin, is not going away anytime soon."

"There is no more 'In God We Trust,' people are realizing the fiat money scam so we see bitcoin having a bright future," Celente said in an interview on Monday.

Addressing Jamie Dimon's harsh comments on the cryptocurrency, Celente said that the chief executive officer of JPMorgan Chase is dead wrong.

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This article is commentary by an independent contributor.