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 JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'

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CovOps

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Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
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PostSubject: JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'    Wed Jan 10, 2018 3:40 am

CEO and Chairman of JPMorgan Chase Jamie Dimon has said he regrets criticizing bitcoin and calling the popular cryptocurrency a fraud in the past, but remains uninterested in digital currencies.



He was speaking to US television station Fox Business Network on Tuesday about comments that he made at a banking conference last year. “I regret making them,” said Dimon, but added that he is still concerned about how “governments are going to feel about bitcoin when it gets really big.”
Quote :
#JPMorgan eyes #bitcoin as bank’s CEO says it’s a fraud useful only for criminals & murders https://t.co/1da43DrNUcpic.twitter.com/Mj1SnBqpej
— RT (@RT_com) November 22, 2017
“I just have a different opinion than other people. I'm not interested that much in the subject at all,” he said. In September, Dimon denounced the bitcoin cryptocurrency as a fraud, and said it was bound to fail.
“The currency isn’t going to work. You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart,” Dimon said at a bank investor conference in New York. He also threatened to dismiss JPMorgan traders if they traded the cryptocurrency.
Quote :
Why JPMorgan is in a bubble and not bitcoin - @maxkeiserhttps://t.co/0H1rdhZBso
— RT (@RT_com) September 14, 2017
The head of America’s largest bank has compared the recent bitcoin rush with the 17th сentury tulip mania, when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels.
The value of bitcoin, which was up by more than 1,500 percent in the past 12 months, declined by almost 4 percent on Tuesday to $14,432.
Dimon also told Fox Business that the technology behind bitcoin called blockchain “is real.” The initial coin offerings ICOs need to be reviewed “individually,” he said.

https://www.rt.com/business/415376-dimon-regrets-bitcoin-fraud/

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JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'

Projecting much?
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CovOps

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Female Location : Ether-Sphere
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PostSubject: Re: JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'    Wed Jan 10, 2018 6:04 pm

What a maggot!

CEO of JP Morgan Chase: ALL Cryptocurrency Will Be Under Government Control

http://thefreethoughtproject.com/chase-bank-government-bitcoin-control-crypto/
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RR Phantom

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PostSubject: Re: JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'    Wed Jan 10, 2018 9:48 pm

@CovOps wrote:
ALL Cryptocurrency Will Be Under Government Control

He just might be right. No
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JPMorgan's crony-capitalist, Dimon, regrets calling bitcoin a 'fraud'

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