It’s no secret that JPMorgan (NYSE: JPM) CEO Jamie Dimon is not a fan of cryptocurrencies, specifically Bitcoin (BTC), having repeatedly questioned the asset’s true value in the financial landscape.
In line with his longstanding criticisms of Bitcoin, during an interview on January 17, Dimon remarked that it would be the last time he spoke about the digital currency. The executive stated that Bitcoin has no value, likening it to a “pet rock.”
However, Dimon has seemingly broken his vow of silence regarding his stance on Bitcoin. Notably, in an interview with Bloomberg published on April 18, he reiterated his position on Bitcoin, terming it a “decentralized Ponzi scheme.”
Dimon’s skepticism about Bitcoin’s legitimacy noted that the crypto has no value and should be ruled out as a currency.
“If you mean crypto like Bitcoin, I’ve always said it’s a fraud. If they think there a currency, there’s no hope for it. It’s a Ponzi scheme, it’s a public d
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