BITCOIN

JPMorgan CEO Jamie Dimon Bitcoin Fool’s Gold

JPMorgan CEO Jamie Damon reiterated Bitcoin’s past skepticism in a recent interview with Axios. When asked if Bitcoin is the foolish gold of the future, Daemon replied that it has no inherent value.

Dimon fails to see the true value of Bitcoin because of its financial advantage, which blinds him to the reality of billions living outside its utopia bubble.

He doesn’t have to worry about his savings being halved overnight and enduring a constant period of declining purchasing hyperinflation. He also does not know what it is like not to have access to the banking system and he is accustomed to a high level of independence, which many lack.



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