mashable 800x500 - Jamie Dimon ‘Regrets’ Calling Bitcoin a Fraud

Jamie Dimon ‘Regrets’ Calling Bitcoin a Fraud

JP Morgan Chase Chairman and CEO, Jamie Dimon, is able to appear every single month in the different cryptocurrency newspapers. He has now commented that he was wrong about what he said in the past about Bitcoin, but that he is not interested in the topic at all.

Is Bitcoin a Fraud or Not?

That’s a good question that not even Jamie Dimon itself can answer. Well… some months ago, he has commented that Bitcoin was a fraud and that governments were going to destroy it. At the moment, none of this happen and we are not sure how Bitcoin will keep evolving in the future.

In an interview with Fox News, he said that he ‘regrets’ making these comments.

“The blockchain is real. You can have crypto dollars in yen and stuff like that. ICOs… you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people. I am not interested that much in the subject at all” he said.

These were not the only opinions he gave about Bitcoin and cryptocurrencies. He has also said that he would not hesitate in fire an employee who bought Bitcoin. The funny fact is that his own daughter bought Bitcoin and blamed him about what he said.

Different banks, like the Royal Bank of Canada, or institutions like the Australian Stock Exchange, are using blockchain technologies to improve their products and services. JP Morgan included is working with different blockchain systems so as to reduce the number of parties needed to verify global payments. Blockchain technology is spreading all over the world among enterprises and governments. The Dutch government has been experimented with blockchain technology and has started several projects with different organizations.

At the moment, Bitcoin is being traded around $15,100 dollars and registers an increase of 1.53 percent in the last 24 hours. During the past December, the famous cryptocurrency reached $20,000 dollars.

Image Source: Mashable

Build a winning crypto portfolio
Free report teaches how to structure your crypto portfolio, so you can maximize gains and minimize losses.
We respect your privacy.

2 Replies to “Jamie Dimon ‘Regrets’ Calling Bitcoin a Fraud”

Leave a Reply