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JPMorgan CEO says Bitcoin price could rise 10x but still won’t buy it

Published 09/27/2021, 10:13 AM
Updated 09/27/2021, 12:20 PM
 JPMorgan CEO says Bitcoin price could rise 10x but still won’t buy it

In an online interview with Times of India, Jamie Dimon, CEO of investment banking behemoth JPMorgan Chase (NYSE:JPM), slandered Bitcoin’s popular appeal, despite stating that the leading digital asset could increase 10x in a matter of five years.

A historically staunch critic of Bitcoin (BTC), Dimon called it a fraud back in 2017 and cited the reported capability for criminals to evade capture from authorities by operating their financial transactions in BTC rather than U.S. dollars.

Continue Reading on Coin Telegraph

Latest comments

Bitcoin is a Ponzi scheme.....with no underlying value
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