They were said by the CEO of JP Morgan, Jamie Dimon. He had already referred negatively to the leading cryptocurrency.
The CEO of JP Morgan, Jamie Dimonhe again attacked the cryptocurrencies. The American banker, who could be considered one of the most influential men in the stock marketsonce again dedicated some critical words to the Bitcoin(BTC).
“I defend your right to trade bitcoin. I don’t want to tell you what to do, although my personal advice is not to get involved”said Dimon, referring to investors and what is best for them.
Dimon’s criticisms against BTC are nothing new for the world of stock markets. In it Davos forum 2023the CEO of JP Morgan had already done very similar statements to these and stressed several times that a lot of time was spent talking about this “inflated fraud.” He had also said that he would abolish cryptocurrencies if he had the ability to do so.
It’s important pointing that JP Morgan has its own token, the JPM Coinwhich used for intraday repurchase agreements within your system.
Dimon against BTC: what do you think of other cryptocurrencies?
Despite the harsh offensive against BTC, the CEO of JP Morgan was More optimistic in relation to rest of the cryptocurrencies. “There is a cryptocurrency that could really do something. Can be used for buy and sell real estate and move data“he added.
“Blockchain is real, it is a technology. We use it, it’s going to move money, it’s going to move data“he said in response to the question asked by the interviewer.
Source: Ambito
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