Jamie Dimon Flip Flops on Bitcoin

The JPMorgan Chase & Co. chief executive officer, who last year called the cryptocurrency, Bitcoin a “fraud,” said in an interview with Fox Business he wishes he hadn’t dismissed the technology in such broad terms.

 

 

“I regret making” those comments, Dimon said “The blockchain is real. You can have crypto yen and dollars and stuff like that.”

 

 

Initial coin offerings, however, “you have to look at individually,” he said in the interview.

 

See the full article on Bloomberg – Click here

 

 

 

 

Bitcoin has divided opinion recently, especially when it comes to price prediction:

 

Some predict a rosy future – Click here

 

And

Other predict a crash – Click here

 

What do you think about Jamie’s change of heart? 

 


 

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