˗ˋˏ🚨ˎˊ˗ 🕵️♂️🏴☠️ JAMIE DIMON CALLED ₿ITCOIN A ❝FRAUD❞ ⋙ BUT JPMORGAN MOVED INTO CRYPTO🤑🔥
A compilation published on October 22 brought together 10 critical statements by the JPMorgan CEO about ₿itcoin.
And the contrast with the bank’s actions is striking! ⤵
🔥 2017▸ “BITCOIN IS A FRAUD.”
At the time, Dimon also compared the enthusiasm for BTC to the tulip bubble and threatened to fire bank traders who traded the cryptocurrency.
But the story didn’t end there. ⤵
📌 2018▸ Said he regretted using the word “fraud.”
📉 2021▸ Again called Bitcoin worthless.
🚫 2023▸ Said that if he had the power of government, he would shut down the crypto sector.
🪨 2024▸ Called
$BTC a “pet rock.”
And yet Bitcoin was still trading near US$81,930 in the October 22, 2026 report.
WHILE THE CEO CRITICIZED, THE BANK EXPANDED ITS OPERATIONS! ⤵
🏦 JPMorgan developed Kinexys, a blockchain infrastructure for payments and tokenization.
💰 In 2025, Dimon confirmed that clients would be able to buy Bitcoin through the bank’s services, without JPMorgan directly holding custody.
🔗 The institution also developed JPM Coin, a bank deposit token for on-chain institutional transactions.
DOES THIS MEAN DIMON CHANGED HIS MIND?
⚠️ NOT NECESSARILY! ⤵
He remains skeptical about Bitcoin.
The bank’s business decision to serve clients doesn’t mean the CEO has personally come to support the asset—or that JPMorgan bought
$BTC for its treasury.
🔥 THAT’S THE CONTRAST: THE CRITICISM REMAINS, BUT FINANCIAL INFRASTRUCTURE EVOLVES.
💡📖 Study Before You Invest.
#bitcoin #JPMorgan #LeandroFumao