JPMorgan Chase CEO has once again compared Bitcoin to smoking cigarettes, his latest way of criticizing the asset.
Despite this criticism, Bitcoin remain on the uptrend with global adoption visible.
Jamie Dimon, CEO of JPMorgan Chase, has drawn a controversial parallel between Bitcoin (BTC) and smoking cigarettes. Dimon, a long-time Bitcoin critic, didn’t mince words while expressing his reservations about the cryptocurrency. 
Jamie Dimon’s Comparison: Bitcoin vs. Cigarettes
Speaking at the Australian Financial Review business summit via livestream from New York, Dimon stated, “I don’t know what the Bitcoin itself is for, but I defend your right to smoke a cigarette, I’ll defend your right to buy a Bitcoin. I won’t personally ever buy a Bitcoin.”
He pointed out that many of its practical applications are associated with illegal activities such as sex trafficking, fraud, and terrorism. Reiterating Crypto News Flash’s earlier reports, Dimon distinguished between blockch

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