Is JPMorgan's Jamie Dimon a skeptic of bitcoin?

Jamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value.

Who is Jamie Dimon?

JPMorgan Chase CEO Jamie Dimon is one of the few billionaires in the banking industry. Dimon is also known for his strong opinion on bitcoin, including calling the pioneer cryptocurrency a fraud. What is Dimon’s net worth, what does he think about bitcoin, and where does he live?

What does Dimon think about bitcoin?

Dimon is also known for his strong opinion on bitcoin, including calling the pioneer cryptocurrency a fraud. What is Dimon’s net worth, what does he think about bitcoin, and where does he live? Dimon became the CEO of JPMorgan Chase after falling out with his mentor Sandy Weill at Citigroup.

Will Dimon fire JPMorgan Chase traders if they trade Bitcoin?

In fact, Dimon has warned that he would fire JPMorgan Chase traders immediately if he caught them trading bitcoin. According to Dimon, trading cryptocurrency is a stupid idea that goes against JPMorgan Chase's rules. Dimon called bitcoin a fraud in 2017.