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JPMorgan CEO says that bitcoin is a "fraud"

He compares the bitcoin surge to "tulip mania."

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futurism.com
SunnyZ2407d ago

LOL he would...
It's just as valid as 'normal monies'.
It's peoples belief that drive currency, not some old fart.
Deal with it.

micx2406d ago

Obviously, and despite his comments they're still investigating blockchain technology.

Erik73572406d ago

Yea, it's jpmorgan and will definitely go downhill as bitcoin gets bigger so they are probably seeing bitcoin as the biggest threat to their existence.

Erik73572406d ago

Don't take his comment seriously. Look at his position, JP MORGAN!!!!

A BANK!! THEY KNOW THEY ARE FUCKED IF IT TAKES OFF.

80°

Galaxy S25 to Integrate Advanced Google AI Features

Samsung's Galaxy S25 is set to elevate Google AI integration, extending to hardware depths.

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techacrobat.com
70°

NASA radar images show stadium-sized asteroid tumbling by Earth during flyby

The asteroid zoomed by Earth at a perfectly safe distance of around 1.8 million miles (2.9 kilometers).

80°

Why Crypto Idealogues Won’t Touch Bitcoin ETFs

The arrival of spot bitcoin ETFs in the US offers easy access to the masses. Purists will steer clear.

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