What JPMorgan CEO said in "last time" Talking about Bitcoin?
JPMorgan CEO says this will be the last time he gives his opinion on Bitcoin.
What JPMorgan CEO said in "last time" Talking about Bitcoin? Photo: Crypto News
Jamie Dimon, CEO of JPMorgan, continues to criticize Bitcoin (BTC) and advises the public to stay away.
In an interview with CNBC on the sidelines of the World Economic Forum recently, the “Napoleon of Wall Street” executive repeat the view that only criminals who commit fraud and tax evasion use Bitcoin.
However, this is just a personal opinion, the CEO still respects everyone's right to freedom of investment. He advised the public not to participate or touch Bitcoin, for the reason that it is somewhat unlikely Satoshiwill return and create more Bitcoin beyond the limit21 million BTC.
"Blockchain is real, it's a technology the world is using and has talked about too much over the past 12 years. Therefore, don't waste too much words on it. "
Dimon divides crypto into two types. Firstly, coins have real functions, being applied in transactions or tokenizing real estate. And two, what is considered "Pet Rock", pet made of rocks is considered the most bizarre but successful marketing stunt ever.
When asked about asset management giants like Fidelity andBlackRockare joining the raceETF Bitcoin spot had just been ratified by the US, Dimon replied "not interested" and frankly affirmed dthis was the last time he talked about Bitcoin.
At the annual hearing of the US Senate Banking Committee late last year, Jamie Dimon urged Senator Elizabeth Warren to shut down crypto. Before the National Assembly, he loudly announced that he wouldGet rid of cryptocurrency if you are the government.
JPMorgan, on the other hand, is hosting trading and plays a key role in BlackRock's iShares Bitcoin ETF (IBIT), as theone of the authorized parties of the fund.
As Coin68 reported, the cryptocurrency sector has just witnessed an unprecedented turning point in history. On January 10, the US Securities Commission (SEC) officially approved the issuance of 11 Bitcoin spot ETFs. Had9.6 billion USD poured into these ETFs in the first 3 daysopen transaction.
However, not everyone accepts this "trend" like large traditional financial asset management organizations such as Grayscale, Fidelity, BlackRock... And JPMorgan CEOJamie Dimon is an example.
