Bitcoin prices may be 10x, but JPMorgan CEO Jamie Damon doesn’t care

In a new interview with Times of India, JPMorgan CEO Jamie Damon continued his history of criticism against Bitcoin, saying, “I think if you borrow money to buy Bitcoin, you’re a fool.”

The tycoon’s CEO holds a highly abusive position on Bitcoin since the asset first emerged, largely choosing to ignore stable operations, price increases, and a long track record of demand from its own customers.

Notably, in the interview, Demon declared, “I don’t really care about Bitcoin” and went on to describe how little he knew about it.

“I don’t know if it’s an asset. I don’t know if it’s foreign currency. I don’t know if it’s a coin, ”Daemon said. He further suggested that the controls would limit Bitcoin, but “I have no idea if it excludes it and I personally don’t care. I’m not a Bitcoin buyer.”

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