• Jamie Dimon talks about bitcoin one day after saying 'I'm not going to talk about bitcoin anymore'

    10 days ago - By Business Insider

    Jamie Dimon can't get bitcoin off his mind.
    JPMorgan's CEO popped off about bitcoin one day after saying he was done talking about the red-hot digital currency , which Friday morning reached more than $5,800 per coin .
    The billionaire banker, who in mid-September called bitcoin "a fraud" said on Friday "who cares about bitcoin" while speaking at a conference in Washington DC.
    He also said that governments "are going to crush it one day."
    "If you're stupid enough to buy it you're going to pay the price one day," Dimon added.
    Dimon, a longtime critic of bitcoin, called it "a terrible store...
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  • JPMorgan CEO Dimon Violates His Bitcoin Vow After Just One Day

    JPMorgan CEO Dimon Violates His Bitcoin Vow After Just One Day

    10 days ago - By Fortune

    After years of criticizing bitcoin, JPMorgan Chase CEO Jamie Dimon said on Thursday he was done talking about the most popular cryptocurrency. The vow lasted almost 24 hours.
    On Friday, Dimon was speaking at a financial conference when the topic came up yet again.
    "Who cares about bitcoin?" Dimon asked at the annual meeting of the Institute of International Finance in Washington, adding that he thought the digital currency was "stupid" and a "great product" for crooks, Bloomberg reported.
    On Thursday, on a call with reporters, however, Dimon had sounded a bit more diplomatic towards the...
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