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Bitcoin dropped as soon as Jamie Dimon called its traders “stupid”

Today at an industry event, JPMorgan CEO Jamie Dimon didn’t mince words when it came to bitcoin. “It’s a fraud,” he said, adding that it “won’t end well,” reports Bloomberg. Dimon said that he would fire any of his traders if they began trading bitcoin. “For two reasons,” he said, “It’s against our rules, and … Continue reading “Bitcoin dropped as soon as Jamie Dimon called its traders “stupid”” Today at an industry event, JPMorgan CEO Jamie Dimon didn’t mince words when it came to bitcoin.
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