The CEO of one of the largest banks in the world continued that the Bitcoin digital currency and other cryptocurrencies were an unnecessary distraction and that this market is full of frauds, adding that there is a difference between digital currencies and blockchain technology, which is one of the technical systems for transferring information and is used to transfer money as well.
Commenting on the collapse of the famous FTX digital currency platform, Jamie Dimon said that he was not surprised by the collapse of the FTX platform and its bankruptcy.
Notably, Jamie Dimon is a vocal critic of Bitcoin, calling it a scam in 2017, and citing the ability of criminals to evade law enforcement by transacting in Bitcoin instead of US dollars.
And in an online interview with the Times of India, late September, JPMorgan CEO Jamie Dimon tried to discredit Bitcoin, despite stating that the leading digital asset could increase 10-fold within five years, saying that there is no He is interested in Bitcoin. And that people waste a lot of time, because eventually they will be regulated, and that will restrict them.