Samson Mow, CEO of Jan3 and a staunch Bitcoin advocate has emerged as a vocal challenger to JP Morgan CEO Jamie Dimon’s skeptical stance on BTC.
“There are cryptocurrencies that do something, that might have value. And then there’s one that does nothing, I call it pet rock. The #Bitcoin, or something like that,” says @JPMorgan CEO Jamie Dimon. “It has some use cases. Everything else is people trading among themselves.” pic.twitter.com/EnUBuIEHkI
— Squawk Box (@SquawkCNBC) January 17, 2024
Mow, known for his ambitious prediction of Bitcoin reaching “$1 million per BTC,” criticized Dimon’s view, advocating for a more adaptive approach towards crypto by the banking sector.
Samson Mow’s Counterargument: Embracing Bitcoin As A Banking Future
This criticism from Mow comes as a response to Dimon recently voicing strong reservations about BTC in an interview. He characterized the crypto as predominantly a medium for fraudulent activities and money laundering and advocated
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