The CEO of JPMorgan Chase still thinks Bitcoin is worthless - but its customers disagree

Von Krypto News Österreich

The impressive performance of Bitcoin has closed several skeptics, which at least since recent years had to admit that it is worth investing in this cryptocurrency. Jamie Dimon, CEO of JPMorgan Chase, does not belong to this group.

The well -known businessman has doubled his views on Bitcoin again and claims that the cryptocurrency has no inner value in his view, and he advises against considering it as a serious investment.

The CEO of JPMorgan hates Bitcoin, but loves his Pro-Bitcoin customers

however, dimon recognized that his opinion is not the most popular today.

"I personally consider Bitcoin to be worthless. (However) Our customers are adults (and) they disagree. That is what makes markets."

The CEO of JPMorgan knows how to separate the mood from the business and assure that he now has no problem to offer his Bitcoin-hungry customer in view of her high interest in cryptocurrencies:

"If you want to have access to buy Bitcoin, we cannot keep you, but we could give you a legitimate, clean as possible."

This small opening is already a significant change in Jamie Dimon's attitude. In 2017, the CEO of JPmorgan Chase claimed that he did not want one of his employees to act with Bitcoin, and claimed that BTC was a fraud that was "worse than tulip onions".

"I would fire them immediately. For two reasons: it violates our rules and they are stupid. And both are dangerous."

The community reacts

Of course, the crypto community reacted quickly. In general, as it is often the case, when some skeptics comment, die -hard bitcoiners indicate that the upgrading of BTC has survived the most pessimistic predictions over time.

Screenshot of a tweet by Ryan Selkis, who compares the performance of Bitcoin with the statements of Jamie Dimon. Image: Twitter Tweet by Ryan Selkis, who compares the performance of BTC with the statements of Jamie Dimon. Image: Twitter

Actually, a compilation 99 Bitcoins notes that at least 431 high-ranking predictions have been published, which have been released that Bitcoin was doomed to fail, the earliest of December 15, 2010 was registered and the latest on September 28, 2021. Bitcoin is currently only a few thousand dollars from reaching a new ATH, which proves (at least for the time being) the Bitcoin pessimists were wrong.

Another who scolded Twitter was Michael Saylor, CEO of Microstrategy, a software company with a large investment in BTC. Saylor said that the reason why Dimon and other bankers are so frustrated about the historical rise of Bitcoin is that they do not understand how Bitcoin works and what it does.

The critical question that bankers and investors ask themselves worldwide is: "Do you understand? #bitcoin ? " https://t.co/fdqcqxoz02

- Michael Saylor⚡️ (@Michael_saylor) 11. October 2021

and the Twitter username Plan B, which is known for its stock-to-flow model, shared a meme about how Dimon's Bärische Words tend to circulate in front of a bullrun.

Meme about Jamie Dimon, who says Bitcoin is a fraud, and then asks what his price was

In the meantime, Bitcoin remains stable at around $ 57,000 . It's not dead yet.

.