Back The Guardian Bitcoin is a fraud that will blow up, says JP Morgan boss
Search Sections 14 Dec
Close
Advertisement
Bitcoin is a fraud that will blow up, says JP Morgan bossUpdated13 Sep 6:26am

Bitcoin is a fraud that will blow up, says JP Morgan boss

The Guardian
Jamie Dimon claims cryptocurrency is only fit for use by drug dealers, murderers and people living in North Korea Bitcoin is a fraud that will ultimately blow up, according to the JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use by drug dealers, murderers and people living in places such as North Korea. Speaking at a banking conference in New York, Dimon said he would fire “in a second” anyone at the investment bank found to be trading in bitcoin. “For two reasons: it’s against our rules, and they’re stupid. And both are dangerous.”
Read full story
 Like Comment
Advertisement

Comments

No comments yet...
On the top

Date settings

Today is Thursday, December 14, 2017

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept

The Guardian

Close