Jamie Dimon Doubles Down: JPMorgan CEO Dismisses Bitcoin—Again
Wall Street’s most vocal crypto skeptic strikes once more. JPMorgan CEO Jamie Dimon reaffirms his disdain for Bitcoin, calling it a ’distraction’ while his bank quietly builds blockchain tools. Classic banking hypocrisy—attack the tech, then monopolize it.
Dimon’s latest dismissal comes as institutional adoption hits record highs. Meanwhile, JPMorgan’s Onyx division processes $1B+ daily in tokenized assets. But sure, keep calling it a ’fraud,’ Jamie.
The irony? JPMorgan’s own analysts predict Bitcoin could hit $150K this cycle. Maybe Dimon’s just bitter he didn’t buy the dip.