RATE Group | On bitcoin’s 10th birthday, JP Morgan CEO says he doesn’t ‘really give a shit’ about it
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On bitcoin’s 10th birthday, JP Morgan CEO says he doesn’t ‘really give a shit’ about it

31 Oct On bitcoin’s 10th birthday, JP Morgan CEO says he doesn’t ‘really give a shit’ about it

Posted at 22:47h in Bitcoin News by

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JP Morgan CEO Jamie Dimon says he doesn’t “really give a shit” about bitcoin, his latest harsh comment on the popular cryptocurrency. Dimon spoke out about bitcoin yesterday at an Axios conference, after keeping silent for a period of time following an apology for calling bitcoin a “fraud.”

Last September, Dimon called out bitcoin in searing comments, added that, “It won’t end well. Someone will get killed.” But by January, he had backpedalled, saying that he regretted his comments and acknowledging that “the blockchain is real” technology. He kept quiet about the subject until August, when he again declared bitcoin was “a scam.”

Despite the CEO’s negative outlook on bitcoin, JP Morgan is still investing time and money into related technology. The company announced last week that it had built a blockchain platform called Quorum, based on Ethereum, for enterprise customers. The company proposes…

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