Despite previously declaring he would never speak about Bitcoin again, the CEO of JPMorgan Chase continues to make derogatory statements about this cryptocurrency. This time he compared Bitcoin to smoking. He acknowledged that the freedom to trade Bitcoin belongs to everyone, but asserted that they should not hold it, similar to having the right to smoke but not should smoke.
Previously, he always regarded Bitcoin as a "Ponzi scheme" and believed it had no intrinsic value, primarily used in illegal activities such as money laundering, human trafficking, and ransomware attacks.
It is noteworthy that despite sharp critical statements, JPMorgan, under Dimon's leadership, is actively participating in the cryptocurrency market. The bank has significantly invested in Bitcoin exchange-traded funds (ETFs), showing a clear contradiction between the CEO's personal views and the bank's investment strategy.
Although Jamie Dimon continues to criticize Bitcoin, the cryptocurrency market continues to grow. This shows that the future of Bitcoin does not only depend on the views of an individual but also on many other factors such as technology, regulation, and market demand.
What about you, what is your opinion on this statement? Does it affect how you view Bitcoin?
#bitcoin #BTC #JamieDimon
Thank you for following!
Please like, comment, and follow Cafebit Research to stay updated with the latest news about the cryptocurrency market and not miss any important information!
