JP Morgan Boss Can’t Stop Talking About Bitcoin

[jamie.redman1]

The Wall Street tycoon and JP Morgan CEO Jamie Dimon is once again talking about bitcoin investors in a derogatory fashion. On October 12, Dimon told CNBC that he was done talking about bitcoin and that it was basically irrelevant to him. However, Dimon won’t shut up about bitcoin as the bank executive called bitcoin investors “stupid” and someday they will “pay the price.”

Then this Thursday Dimon was recorded by the news outlet CNBC saying, “I wouldn’t put this high on the category of important things in the world, but I’m not going to talk about bitcoin anymore.” Then Marianne Lake JP Morgan’s CFO said, “we are open-minded for digital currencies that are properly controlled and regulated.” However, according to CNBC after these statements the very next day at the Institute of International Finance conference, Dimon had some choice words for bitcoin investors.

“If you’re stupid enough to buy it, you’ll pay the price for it one day,” Dimon explained to attendees of the event.

Read More Here>>> https://news.bitcoin.com/jp-morgan-boss ... rs-stupid/

[CryptoBlackHat]

I really can't take his comments about Bitcoin seriously, when Jamie can't even be consistent about whether he's going to speak publicly on this matter or not

Of course, he has a great deal of experience with the regular financial sector. But I get the impression his statements on Bitcoin are driven more by passion than logic and experience.