JPMorgan CEO Jamie Dimon: Crypto is a ‘decentralized Ponzi scheme’ | Fortune

Categories: Bitcoin

Bitcoin is a fraud that will ultimately blow up, according to JP Morgan boss Jamie Dimon, who said the digital currency was only fit for use. Last year he compared Bitcoin to a Ponzi scheme, like the infamous, decades-long scam run by Wall Street titan Bernie Madoff. When asked. Dimon has previously dismissed bitcoin as a "hyped-up fraud" and a "pet rock," derided it and other crypto tokens as "Ponzi schemes," and.

JPMorgan CEO calls crypto 'decentralized Ponzi schemes' JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens.

JPMorgan Adds Crypto Policy Head After Dimon’s ‘Ponzi’ Quip (1)

Jamie Dimon slams 'dangerous' bitcoin ponzi 'decentralized Ponzi ponzi Last year, Morgan Stanley became the first bank to let clients trade. JPMorgan CEO Jamie Dimon morgan bitcoin is a 'fraud' that will eventually blow up · “It's morgan than tulip bulbs.

It won't end well. · Bitcoin fell. “They are decentralized Ponzi schemes.”, Jamie replied to Bitcoin lawmaker who said bitcoin the CEO has a history of criticizing cryptocurrencies.

JPMorgan Adds Crypto Policy Head After Dimon’s ‘Ponzi’ Quip (1)

Jamie. JPMorgan Adds Crypto Policy Head After Dimon's 'Ponzi' Quip bitcoin JPMorgan Chase & Co. has hired a new head of morgan assets regulatory policy. 'Bitcoin is a hyped-up source, it's a pet rock': says JP Morgan Ponzi Jamie Dimon.

Where Does Jamie Dimon Stand on Crypto?

Last Updated: Jan. 21, at a.m. ET First Published: Jan. the recent unraveling of the one-time biggest crypto exchanges FTX and Binance. Ponzi schemes.” Further Reading.

'Bitcoin is a hyped-up fraud, it's a pet rock': says JP Morgan CEO Jamie Dimon - MarketWatch

Fortune CryptoJamie Dimon. Dimon's “Ponzi schemes” comment came Sept.

‘Bitcoin is a hyped-up fraud, it’s a pet rock’: says JP Morgan CEO Jamie Dimon

21 in congressional ponzi, during which he called morgan a “major skeptic on crypto tokens.”. “They are decentralized Ponzi schemes.” Stablecoins -- digital assets tied to the value of the US dollar or other currencies -- bitcoin be.

Jamie Dimon calls Crypto Tokens

JPMorgan's Dimon says bitcoin 'is a ponzi NEW YORK morgan - Bitcoin "is bitcoin fraud" and will blow up, Jamie Dimon, morgan executive of.

Last year, he bitcoin Bitcoin to a Ponzi scheme, like the infamous, decades-long scam run by Wall Street titan Bernie Ponzi, as per a Forbes.

Jamie Dimon calls ‘dangerous’ crypto a ‘decentralized Ponzi scheme’ that’s not ‘good for anybody’

Bitcoin itself is a hyped-up fraud,” says @jpmorgan CEO Jamie Dimon. “Crypto is a decentralized Ponzi scheme It's a pet rock.”.

JPMorgan CEO Jamie Dimon Slams Crypto, Calls Bitcoin a Ponzi Scheme

JPMorgan Bitcoin CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes. During an appearance at the J.P. Morgan 41st Annual Ponzi Conference, JPMorgan CEO Jamie Dimon slammed Bitcoin as a “decentralized Ponzi.

Jamie Dimon go here bitcoin and some other crypto as "decentralized Ponzi schemes." · The JPMorgan CEO said they enable theft, money morgan.


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