In a brand new interview with the Times of India, JPMorgan CEO Jamie Dimon continued his historical past of criticism in opposition to Bitcoin, saying “I think if you borrow money to buy Bitcoin, you’re a fool.”
The billionaire CEO has held a particularly dismissive stance on Bitcoin for the reason that asset first emerged, largely selecting to ignore it’s lengthy monitor file of steady operation, worth appreciation, and demand from his personal clients.
Notably, within the interview Dimon declared, “I don’t really care about Bitcoin,” and went on to describe simply how little he is aware of about it.
“I don’t know if it’s an asset. I don’t know if it’s foreign exchange. I don’t know if it’s a currency,” Dimon mentioned. He additionally advised that regulation will constrain Bitcoin, however as to “whether it eliminates it, I have no idea and I don’t personally care. I am not a buyer of Bitcoin.”
