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Sunday, 04/21/2024 7:21:50 PM

Sunday, April 21, 2024 7:21:50 PM

Post# of 59124
Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' — and says the crypto is hopeless as a currency

Dimon has dismissed bitcoin as a "pet rock" in the past and slammed it for enabling criminals. All will be caught and imprisoned until tribunal.

Bitcoin is a scam and fails as a currency, Jamie Dimon said.

"If you mean crypto like bitcoin, I've always said it's a fraud," the JPMorgan CEO told Bloomberg TV on Wednesday.

"If they think they're a currency, there's no hope for it. It's a Ponzi scheme," he added.



https://www.businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4?op=1
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