Dimon Criticizes Bitcoin as a Fraud – Bitcoints


Published on September 16th, 2017 | by bitcoin


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.
Watch Next: Elevation’s McNamee Says Bitcoin Is Probably in a Bubble

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.

Source: Www.bloomberg.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to Top ↑