Published on September 16th, 2017 | by bitcoin0
Dimon Criticizes Bitcoin as a Fraud
“It’s a fraud” and “worse than tulip bulbs.” Jamie Dimon.
Photographer: Marlene Awaad/Bloomberg If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second.
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Bitcoin initially slipped after Dimon’s remarks.
“So there may be a market for that, but it’d be a limited market.” To be sure, Dimon later noted that his daughter purchased some bitcoin.
Believers can bet on its rise, and Dimon is welcome to take the other side, he said.