Jamie Dimon is back on the bitcoin commentary bandwagon.
Just a day after declaring on a third-quarter earnings call that he would refrain commenting on the cryptocurrency, the JPMorgan Chase CEO offered a critical take on those investing in bitcoin.
"If you're stupid enough to buy it, you'll pay the price for it one day," he said today at an event hosted by the Institute of International Finance, according to a report from CNBC. During the event, he reportedly voiced support for the cryptocurrency's underlying technology – an area in which the Wall Street bank has undertaken a number of notable efforts, including the Enterprise Ethereum Alliance.
Per CNBC, Dimon also reportedly said that he "could care less about what [price] bitcoin trades at."
Full story at http://bit.ly/2kPix5P
Source: CoinDesk
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