after Peter Schiff bitcoinknown for his hostility to Jamie Dimon, CEO of JP Morgan, He attended the annual meeting of the World Economic Forum in Davos, Switzerland.
in Davos CNBC’s Squawk Box JP Morgan CEO giving an interview to the show bitcoinHe criticized again.
BTC and cryptocurrencies Reiterating that it looks like a ponzi scheme, Jamie Dimon said that Bitcoin is an exaggerated scam.
Although Dimon criticizes BTC Blockchain He also commented on the limited supply of BTC, stating that its technology is different:
“Why do people waste their breath? Bitcoin is an exaggerated scam.
I think talking about BTC and cryptocurrencies is just a waste of time.
You say that the supply of Bitcoin is limited to 21 million. How do you know that this number cannot be changed, or how do you know that BTC will stop at 21 million?
So what will happen when the BTC supply reaches 21 million? Satoshi’s picture will come and laugh at you all.”
“Bitcoin itself is a hyped-up fraud,” says @jpmorgan CEO Jamie Dimon. “Crypto is a decentralized Ponzi scheme…It’s a pet rock.” pic.twitter.com/9KQfckty8f
— Squawk Box (@SquawkCNBC) January 19, 2023
Commenting on the bankruptcy of FTX, the CEO of JP Norgan said that he was not at all surprised by the failure and collapse of FTX.
Finally, Jamie Dimon, who likens cryptocurrencies to a pet “Cryptocurrencies themselves do nothing. They are like pets. You can have them as much as you want. I don’t care about Bitcoin, so we should close the issue.” said.
Describing Bitcoin as a fraud and a ponzi scheme in his previous speeches, Jamie Dimon has never said anything. BTC and he says he won’t buy cryptocurrencies.
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