JPMorgan CEO Jamie Dimon reiterated previous skepticism of bitcoin in a current interview with Axios. When requested if Bitcoin was the idiot’s gold of the long run, Dimon responded it has no underlying worth.
Dimon fails to see Bitcoin’s true worth due to his monetary privileges, which blind him to the realities of billions that dwell outdoors of his utopia bubble.
He would not have to fear about his financial savings being lower in half in a single day nor endure fixed intervals of hyperinflation that erode buying energy. He additionally would not know what it is like to not have entry to the banking system and is accustomed to a excessive diploma of freedom, which many individuals lack.
