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Published 30 days ago

JPMorgan CEO breaks his vow on Bitcoin, labels BTC ‘decentralized Ponzi Scheme’

Summary by Finbold
It’s no secret that JPMorgan (NYSE: JPM) CEO Jamie Dimon is not a fan of cryptocurrencies, specifically Bitcoin (BTC), having repeatedly questioned the asset’s true value in the financial landscape. In line with his longstanding criticisms of Bitcoin, during an interview on January 17, Dimon remarked that it would be the last time he spoke about the digital currency. The executive stated that Bitcoin has no value, likening it to a “pet rock.” Ho…

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JPMorgan CEO breaks his vow on Bitcoin, labels BTC ‘decentralized Ponzi Scheme’

It’s no secret that JPMorgan (NYSE: JPM) CEO Jamie Dimon is not a fan of cryptocurrencies, specifically Bitcoin (BTC), having repeatedly questioned the asset’s true value in the financial landscape. In line with his longstanding criticisms of Bitcoin, during an interview on January 17, Dimon remarked that it would be the last time he spoke about the digital currency. The executive stated that Bitcoin has no value, likening it to a “pet rock.” Ho…

30 days ago
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