JP Morgan Jamie Dimon Regrets his ”Bitcoin Is a Fraud” Statement (news.bitcoin.com)

Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked to assess his present feelings. It appears he’s softened a little on the the world’s most popular cryptocurrency, bitcoin, after once referring to it as “a fraud.”
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Morgan Stanley says the true price of bitcoin might be zero

Morgan Stanley analyst James Faucette and his team sent a research note to clients a few days ago suggesting that the real value of bitcoin might be … $ 0. That's zero dollars. (Bitcoin stood at around $ 14,400 at the time of writing.) The paper (titled "Bitcoin decrypted") did not give a price target for bitcoin …
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From JP Morgan and DBS to Iran and Portugal, Bankers Continue to Sound the Bitcoin Alarm

Of late, bankers public and private have increased their criticisms of bitcoin and cryptocurrencies, especially as valuation all time highs appear to have no quick end in sight. From destabilization to fraud and money laundering, legacy banking is doing everything in its rhetorical power to sway opinion.
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(AMA) I work for JP Morgan, and I'm the one who moves a large portion of the $6 trillion we move every day. About half of us in JPM treasuries own bitcoin. (reddit.com)

I originally put a post up with a picture that was very revealing of my job, I don’t want any lawsuits so I removed it. But I will be quitting at the end of this year due to my CEO’s comments.

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