Jamie Dimon didn’t mince words when a US lawmaker mentioned the executive’s history of criticizing cryptocurrencies.
“I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin,” the JPMorgan Chase & Co. chief executive officer said in congressional testimony Wednesday. “They are decentralized Ponzi schemes.”
Source: JPMorgan CEO Calls Crypto Tokens Like Bitcoin ‘Decentralized Ponzi Schemes’ – Bloomberg