Categories: Bitcoin

We’re ‘Looking into’ Cryptocurrencies: JPMorgan Co-President

Join our group of 10 000 merchants on JPMorgan CEO Jamie Dimon has been one in every of bitcoin’s most outspoken critics. | Source: Flickr/Fortune Global Forum

Pinto, together with fellow co-president Gordon Smith, is seen as a possible successor to longtime JPMorgan CEO Jamie Dimon, although the 62-year-old govt has not but introduced plans to retire.

Dimon, as CLC has reported, has lengthy been one in every of bitcoin’s most vociferous critics, although he has been noticeably quiet on the matter in current months following a veritable bitcoin-bashing world tour by which he denigrated the flagship cryptocurrency in interviews carried out on a minimum of three completely different continents.

“I could care less what bitcoin trades for, how it trades, why it trades, who trades it. If you’re stupid enough to buy it, you’ll pay the price for it one day,” he stated in a single set of notably memorable remarks. It can “trade at $100,000,” however it’ll ultimately crash to zero. “Governments are going to crush it.”

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