JPMorgan CEO Jamie Dimon: Stay away from Bitcoin

Whereas the buying and selling quantity of the crypto cash market, which has turn out to be very talked-about just lately, continues to extend, buyers obtain essential warnings from specialists.

American banking large Jamie Dimon, CEO of JPMorganbuyers, particularly bitcoin warned about.

Answering the questions of the representatives at a session held within the US Congress, Dimon stated, by market worth largest cryptocurrency the one which of bitcoin it stated it’s not supported by any entity.


CEO of JPMorgan, “One thing that isn’t supported by any entity has no worth for my part. My private recommendation to people is to keep away from investing in Bitcoin.” stated.

In his speech, Dimon additionally in contrast cryptocurrencies with conventional belongings. “My private view is that Bitcoin is nothing like cash or gold. Patrons ought to be cautious.” used the phrases.

Dimon in September 2017, on the Delivering Alpha convention, described Bitcoin as a fraud and claimed that it will be shut down sooner or later.

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