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Cryptocurrency, Jamie Dimon goes back to calling them junk

Cryptocurrency, Jamie Dimon goes back to calling them junk. JP Morgan's top manager on Bitcoin is undergoing a new, strong attack

Jamie Dimon, CEO of JPMorgan, he returned to commenting on Bitcoin rather critically, defining the most famous and capitalized cryptocurrency as a "scam" and stating that he has "no interest" in it.

The top manager thus spoke at the Aspen Institute's 25 ° Annual Summer Celebration Gala last Saturday, in words immediately taken up by the press and by important online economic sources. According to Bloomberg, Dimon would further "suggest that governments think they will move to closing cryptocurrencies, due to their inability to control them."

The finance magnate's relationship with the cryptocurrency it is quite known. Already in September, 2017 caused a particular outcry by calling Bitcoin a "fraud"; since then Dimon has offered rather fluctuating valuations, first declaring itself "regretted" by the choice of its words, but then repeating subsequent attacks against the cryptocurrency. Last October he said he did not want to put cryptocurrencies "so high in the category of important things in the world. I will no longer talk about bitcoins, "with a promise apparently maintained only until January, when Dimon told Cointelegraph in private comments that he" could not answer "the Bitcoin question.

In his recent interview published in the July - August issue of the Harvard Business Review, Dimon he again refused to comment directly on the cryptography, reiterating that "I probably should not say more about the criptovaluta". In the same interview, however, Dimon has split his ratings on blockchain technology, calling it a reality, from those on cryptography, which obviously is not.

Since then, mixed signals have emerged from other JPMorgan sources, with company co-chair Daniel Pinto who told CNBC that cryptocurrencies "are real but not in their current form".

Roberto Rais

A great fan of cryptocurrencies, a writer for a long time for our editorial staff, particularly attentive to blockchains and cryptocurrency quotes.

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Roberto Rais

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