{"id":871047,"date":"2021-10-12T11:29:45","date_gmt":"2021-10-12T15:29:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=871047"},"modified":"2021-10-12T11:29:46","modified_gmt":"2021-10-12T15:29:46","slug":"jpmorgan-ceo-i-personally-think-bitcoin-is-worthless","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jpmorgan-ceo-i-personally-think-bitcoin-is-worthless\/","title":{"rendered":"JPMorgan CEO: I personally think Bitcoin is worthless"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjpmorgan-ceo-i-personally-think-bitcoin-is-worthless%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=871047&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2546439\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2546439\" class=\"wp-caption-text\">JPMorgan CEO, Jamie Dimon is pictured. (Paul Morigi\/AP Photo)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 8:27 AM PT \u2013 Tuesday, October 12, 2021<\/h5>\n<p>JPMorgan CEO, Jamie Dimon recently doubled down on his hesitation toward Bitcoin. During a virtual event Monday, he said he personally finds the cryptocurrency \u201cworthless.\u201d<\/p>\n<p>The big bank head has been open about his skepticism of Bitcoin, even referring to the new technology as a \u201cfraud\u201d and \u201cfools gold.\u201d In the meeting, Dimon then drew the comparison of bitcoin to smoking cigarettes, but ultimately said it makes no difference what he believes.<\/p>\n<p>\u201cI don\u2019t think you should smoke cigarettes either,\u201d he asserted. \u201cOur clients are adults. They disagree. That\u2019s what makes markets. So, if they want to have access to buy yourself bitcoin, we can\u2019t custody it, but we can give them legitimate as clean as possible, access.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">There is a market with $50B+ of daily volume trading 24\/7\/365 that has <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> priced at $56,750 and a market cap of $1,000,000,000,000+.<\/p>\n<p>Sure doesn&#8217;t seem worthless to us\u2026 <a href=\"https:\/\/t.co\/JqABfm27jm\">pic.twitter.com\/JqABfm27jm<\/a><\/p>\n<p>\u2014 Bitcoin (@Bitcoin) <a href=\"https:\/\/twitter.com\/Bitcoin\/status\/1447937850268426242?ref_src=twsrc%5Etfw\">October 12, 2021<\/a><\/p>\n<\/blockquote>\n<p>Despite Dimon\u2019s criticism of Bitcoin, JPMorgan has begun offering clients access to six cryptocurrency products.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/sydney-reopens-after-more-than-100-days-in-lockdown\/\">Sydney Reopens After More Than 100 Days In Lockdown<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan CEO, Jamie Dimon is pictured. (Paul Morigi\/AP Photo) OAN NewsroomUPDATED 8:27 AM PT \u2013 Tuesday, October 12, 2021 JPMorgan CEO, Jamie Dimon recently doubled down on his hesitation toward &#8230;<\/p>\n","protected":false},"author":7,"featured_media":1893857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-871047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/871047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=871047"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/871047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1893857"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=871047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=871047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=871047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}