Jamie Dimon Doubles Down: JPMorgan CEO Warns Against Bitcoin as Treasury Reserve Asset
Wall Street’s most vocal crypto skeptic strikes again—this time taking aim at Bitcoin’s growing role in national balance sheets.
JPMorgan’s chief executive fires warning shots as institutional adoption reaches critical mass. ’Not every shiny object belongs in Fort Knox,’ implies the banker who once called Bitcoin ’worthless.’
Meanwhile, crypto traders shrug—the asset just notched its seventh straight quarter of institutional inflows. Because nothing says ’stable store of value’ like a 23% intraday swing, right?