3 years ago
'Bitcoin Is Worthless, Our Clients Disagree': JP Morgan CEO Jamie Dimon
Despite a 17% rise in the price of Bitcoin over the past week, one crypto bear remains unenthused. “I personally think Bitcoin is worthless,” said Jamie Dimon, CEO of JP Morgan, during the annual meeting for the Institute of International Finance. It's the latest in a succession of bearish statements from Dimon over the years. Dimon began his streak back in 2014 when he told CNBC that Bitcoin was “a terrible store of value” and that the cryptocurrency “can be replicated over and over.”
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