Jamie Dimon Regrets Calling Bitcoin a Fraud

in jamie •  7 years ago 

Jamie Dimon Regrets Calling Bitcoin a Fraud

JPMorgan Chase CEO Jamie Dimon now reportedly regrets calling bitcoin a "fraud," though he is still not a fan of the cryptocurrency.

In an interview with FOX Business Tuesday, Dimon said:

"The bitcoin to me was always what the governments are gonna feel about bitcoin as it gets really big, and I just have a different opinion than other people. I'm not interested that much in the subject at all."

Dimon made the fraud comment on Sep. 12 of last year, adding that he would fire any trader known to be trading the cryptocurrency.

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Offering a critique of Dimon's opinion at the time, a senior analyst for Macquarie Group pushed back against some of the criticism against bitcoin coming from Wall Street.

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I think he is a fraud!