Jamie Dimon says he no longer uses the word “cryptocurrency”...

[ARC]

Jamie Dimon, the CEO of JPMorgan Chase, has made his contempt for cryptocurrency clear, calling it “worthless” during the great crypto boom in October 2021. But now, he says, he has stopped even calling them “currencies.”

“Currencies have rules of law behind them, central banks and tax authorities,” Dimon said in an interview with the Greek news outlet Ekathimerini. “I call them crypto-tokens.”

 

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[Blak bart]

He could be right....but people are still getting filthy rich with it !!

 

[traveller777]

Jamie Dimon, the CEO of JPMorgan Chase, has made his contempt for cryptocurrency clear, calling it “worthless” during the great crypto boom in October 2021. But now, he says, he has stopped even calling them “currencies.”

“Currencies have rules of law behind them, central banks and tax authorities,” Dimon said in an interview with the Greek news outlet Ekathimerini. “I call them crypto-tokens.”

Translation: We have control over traditional currency and that is what we like.