Bloomberg Technology

Jamie Dimon Calls Bitcoin ‘Worthless’

Oct.11 — “I personally think that Bitcoin is worthless,” JPMorgan Chairman and CEO Jamie Dimon says during an IIF event.

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Oct.11 — “I personally think that Bitcoin is worthless,” JPMorgan Chairman and CEO Jamie Dimon says during an IIF event.

30 Comments

  1. Andrew Liffey

    October 11, 2021 at 8:04 pm

    Booooooo !!!

  2. Eric P

    October 11, 2021 at 8:16 pm

    He “doesn’t care?” Bitcoin is the best performing asset of the decade and crypto is the fastest growing industry. If he “doesn’t care,” then he’s not being a very good wealth manager.

  3. Devaka Kumarasinghe

    October 11, 2021 at 8:20 pm

    Jamie was never in our team

  4. SomeOle

    October 11, 2021 at 8:31 pm

    Just think it’s a market manipulation but BTC don’t get manipulated. JP wants to get more BTC Boohoohoo!!!

  5. Bullette Thebulldiva

    October 11, 2021 at 9:02 pm

  6. Juan Nadal

    October 11, 2021 at 9:07 pm

    Sounds reasonable

  7. Phillip Obertubbesing

    October 11, 2021 at 9:18 pm

    Jamie Dimon is worthless

  8. Ryan matthews

    October 11, 2021 at 9:31 pm

    This man is not liking the fact that people are chosing to put their money in crypto more than his self serving evil funds. Internet finally has a currency and they don’t like it at all. Bankers and some influential wealthy folks at the top will lose their influence to control the rigged monetary system. All those free stimulus cheks were printed out of nothing. I can’t imagine the damage it will do.

  9. Metacognition88

    October 11, 2021 at 9:35 pm

    Bitcoin sounds like a bunch of shenanigans. When I was a kid back in the 40’s we played jump rope and didn’t have this tom foolery.

  10. keepleft

    October 11, 2021 at 9:52 pm

    The man’s position hasn’t changed since day one. Why is this a news piece? If he calls Bitcoin worthless tomorrow (which he will) is he going to make the news again for basically saying the same sh*t over and over?

  11. link

    October 11, 2021 at 9:56 pm

    It is literally a Ponzi

  12. Slickpete83

    October 11, 2021 at 10:24 pm

    *if BITCOIN is going to 1 million , why are people happy when they can pay for a movie theater ticket using BITCOIN, if it’s going to a million why would you spend it rather then holding it, better use dollars to buy things because inflation eats away at the dollars* 💡

  13. Buy Bitcoin

    October 11, 2021 at 10:33 pm

    Boomers NGMi

  14. Expletive Deleted

    October 11, 2021 at 11:01 pm

    Well, being one of the world’s biggest lying financial con/criminals…he should know…

  15. weirdwordcombo

    October 11, 2021 at 11:09 pm

    That’s cute. There comes a point where you’re immune to any and all FUD.

  16. Relative Vie

    October 11, 2021 at 11:19 pm

    LMAO!!

  17. John Kelvin

    October 11, 2021 at 11:30 pm

    In few months or no time people will definitely start kicking themselves in regret for missing the opportunity to buy or invest in cryptocurrency.

    • Ahmad Abdulsallam

      October 12, 2021 at 12:17 am

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    • mark Ferdinand

      October 12, 2021 at 12:53 am

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    • Daniel Mathew

      October 12, 2021 at 1:11 am

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      October 12, 2021 at 1:16 am

      Hey someone talked about researching and trading without professional guide…huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problems to new traders

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      October 12, 2021 at 1:20 am

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  18. Tristan Adam

    October 11, 2021 at 11:36 pm

    ok boomer

  19. A B

    October 12, 2021 at 12:06 am

    Technically everything is worthless, things have worth because people believe they are worth something. This argument is so stupid and pointless and can be applied, cash for example is literally paper you can argue it’s only value is the pulp/plastic that went into making it.

  20. Barnett

    October 12, 2021 at 12:12 am

    Then don’t offer services to your clients and watch them go to your competitors. Can’t have it both ways.

  21. T Test

    October 12, 2021 at 12:25 am

    Yes, DeFi is a big thread to traditional old school banks. He says he doesn’t care, but that means he cares.

  22. Worldwide Jamal

    October 12, 2021 at 12:45 am

    Shots fired. Whoa

  23. Ali Khan

    October 12, 2021 at 1:03 am

    Agree with dimon. Stay away from Shit coin

  24. juangu2007

    October 12, 2021 at 1:05 am

    bitcon = usb
    banks = floppy disk

  25. YUVRAJ SINGH

    October 12, 2021 at 1:10 am

    It’s worthless till JP mines or buys enough to dominate

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