JP Morgan Head Says Bitcoin Is a Fraud and Will Fail – Bitcoints

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Published on September 13th, 2017 | by bitcoin

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JP Morgan Head Says Bitcoin Is a Fraud and Will Fail



Speaking at a bank investor conference in New York, Dimon said, “The currency isn’t going to work.


CBOE has applied with U.S. regulators to launch a bitcoin futures contract and a bitcoin exchange traded fund on its venues.


At another conference about two hours later, Dimon said that one of his daughters had bought some bitcoin.


 

“WORSE THAN TULIP BULBS”

Banks and other financial institutions have been concerned over bitcoin’s early association with online crime and money laundering.

Source: Www.business-standard.com



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