Jamie Dimon, CEO of US banking giant JPMorgan, made sarcastic statements about cryptocurrencies and described them with an interesting analogy.
JPMorgan CEO, who was a guest on CNBC on Tuesday Jamie Dimon, attracted attention with his statements about cryptocurrencies. Describing cryptocurrencies as “a complete side show”, Dimon emphasized that many tokens come and go.you spend too much time with them” he stated. your correspondent FTX events and US Treasury Secretary Yellen‘s question about his statements was answered by Dimon as follows:
Crypto is a side show. You spend too much time with them. To be clear, I think crypto assets are like pet rocks toys. Most like a short-term fashion. But that doesn’t mean the blockchain isn’t real, nor does it mean that smart contracts don’t matter.
in the 70’s designed by an entertainer”pet rocks”toys remained a short Christmas fashion and only 6 months later was withdrawn from the market. Dimon’s “pet rocks” analogy has gone or will go away speculation-centric tokens While targeting the Web, he did not spare his positive attitude about the future of the Web. Dimon’s words “also we are not sure of the total market value of cryptocurrencies, more transparent and verifiable proof of reserve should be provided in that sector” he concluded.
CEO of JPMorgan Jamie Dimon many times in his previous statements. Bitcoin (BTC) and cryptocurrencies targeted. The CEO finally made a statement in October. bitcoin made harsh accusations against him and “dirty” and “expensive” described it as.
