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14-09-2017, 12:38 PM
Jamie Dimon Slams Bitcoin as a ‘Fraud’
By Hugh Son , Hannah Levitt , and Brian Louis
September 13, 2017, 2:09 AM GMT+8 September 13, 2017, 6:59 AM GMT+8
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.”
The cryptocurrency “won’t end well,” he told an investor conference in New York on Tuesday, predicting it will eventually blow up. “It’s a fraud” and “worse than tulip bulbs.”
If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. And both are dangerous.”
More details in https://www.bloomberg.com/news/articles/...ud-bitcoin
By Hugh Son , Hannah Levitt , and Brian Louis
September 13, 2017, 2:09 AM GMT+8 September 13, 2017, 6:59 AM GMT+8
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he would fire any employee trading bitcoin for being “stupid.”
The cryptocurrency “won’t end well,” he told an investor conference in New York on Tuesday, predicting it will eventually blow up. “It’s a fraud” and “worse than tulip bulbs.”
If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. And both are dangerous.”
More details in https://www.bloomberg.com/news/articles/...ud-bitcoin
Specuvestor: Asset - Business - Structure.