JPMorgan’s Jamie Dimon says Bitcoin is ‘fraud’
Is Jamie Dimon’s criticism of Bitcoin justified, or is it overshadowed by JPMorgan’s blockchain investments and data showing crypto’s decreasing role in crime?
Jamie Dimon fires again
When JPMorgan Chase CEO Jamie Dimon speaks, the financial world pays close attention. His opinions on Bitcoin (BTC) are often polarizing, and his latest comments are no exception.
In a Jan. 12 interview with CBS News, Dimon reiterated his long-standing view that Bitcoin “has no intrinsic value” and is “heavily used by sex traffickers, by money launderers, ransomware.”
While he clarified that he isn’t opposed to the broader concept of crypto, he remained firm in his skepticism about Bitcoin, stating, “I just…
