JPMorgan CEO Jamie Dimon Still Doesn’t “Give a Sh*t” About Bitcoin

2018-11-2 13:00

A year after attempting to abdicate his throne as ruling Bitcoin basher, Jamie Dimon has stepped back into the king’s court heralding fresh commentary on the original cryptocurrency and the technology that underpins it.

Coming on the eve of Bitcoin’s 10th birthday, the JPMorgan Chase & Co. chief whip brought an end to his oratory ceasefire at Tuesday’s Axios conference in Los Angeles, when a reporter broached the subject of Satoshi’s creation.

In response, the executive reiterated feelings of remorse after for years blasting Bitcoin at will—in 2014 describing the cryptocurrency as a “terrible store of value”, and then piping up in September 2017 with his now-immemorial description of the coin as being a “fraud” only purchased by the “stupid”. This time, he noted:

I never changed what I said, I just regret having said it. I didn’t want to be the spokesman against Bitcoin.

Where Stern School economist and strident Bitcoin defeatist, Nouriel Roubini, would evidently be more than qualified for such a thankless role, a fresh outburst from Dimon could land him squarely in a skirmish with his cohort on Wall Street — many of whom appear to have been quietly stockpiling the crypto-asset before the widely prophesied feeding frenzy prepped up by Bitcoin’s fledgling institutional-grade trade infrastructure, such as Bakkt’s ICE-owned futures market, or any one of the prospective ETFs awaiting regulatory approval.

And while Dimon may have eaten several portions of humble pie over the past year, the New Yorker seemed to spit out Tuesday’s mouthful with one of his trademark bombshells, stating he “really” doesn’t “give a sh*t” about the largest cryptocurrency by market capitalization.

Softening the blow, Dimon echoed his earlier disclaimer that blockchain was a “real technology”. Coming days after his company—the largest investment bank in the world by revenue—said it would be tokenizing gold on its young Ethereum-based DLT platform, Quorum, one would certainly hope so.

The post JPMorgan CEO Jamie Dimon Still Doesn’t “Give a Sh*t” About Bitcoin appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97117.28 (+0.79%)
Объем 24H $99.215b
Изменеия 24h: 3.53 %, 7d: 9.40 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1921.664b Rank 1
Цена в час новости $ 6524.28 (1388.55%)

bitcoin dimon jpmorgan jamie still ceo doesn

bitcoin dimon → Результатов: 2


Don’t Listen To Crypto Critics, Bitcoin “Really Is Money”

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.

2019-2-16 03:36


Стремительный рост Bitcoin значительно опередил лучшие акции в 2017 году

Несмотря на коррекцию рынка в конце декабря, 2017 год был годом биткоина. Криптовалюта оккупировала заголовки из-за своего весьма спекулятивного характера. Джейми Димон, генеральный директор JP Morgan Chase, громко заявил, что биткоин есть «мошенничеством», и люди, которые его покупают, «глупы».

2018-6-11 21:01