JP Morgan CEO on Bitcoin: ‘I just don’t give a fuck’

2018-10-31 17:24

JP Morgan CEO Jamie Dimon may have been one of the most influential critics of Bitcoin ever since he called it a fraud last year, but he is reluctant about becoming the face of the war against the apex cryptocurrency.

Asked if he has changed his mind about Bitcoin at the Axios Conference in LA, Dimon quashed earlier reports of softening the stance on Bitcoin. “I never changed what I said, I just regret having said that,” he said.  “I didn’t want to be the spokesperson against Bitcoin. I just don’t give a fuck, that’s the point. ” Dimon also stuck by the “blockchain,…

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Since Bitcoin (BTC) came into being, incumbents of the legacy world, such as Jamie Dimon or Janet Yellen, have bashed the cryptocurrency en-masse. Dimon, the chief executive of JP Morgan (ironic, I know), remarked that Bitcoin is a “fraud” and of no inherent value, while former Federal Reserve chair Yellen quipped that the asset is […] The post Don’t Listen To Crypto Critics, Bitcoin “Really Is Money” appeared first on Ethereum World News.

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