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Thursday, October 19, 2017

Crypto News: We asked cryptocurrency experts to respond to Jamie Dimon's bitcoin bashings — here's what they said

We asked cryptocurrency experts to respond to Jamie Dimons bitcoin bashings — heres what they said

JPMorgan CEO Jamie Dimon sparked a conversation about bitcoin among top Wall Streeters.

Since he called the digital currency "a fraud" in September, a slew of top Wall Streeters from BlackRock's Larry Fink to Morgan Stanley's James Gorman, have weighed in on bitcoin, which is up more than 400% year-to-date.

Dimon said during JPMorgan's earnings call Thursday he would stop talking about bitcoin. His vow of silence, however, ended prematurely. The very next day Dimon bashed bitcoin at a conference in Washington, D.C. He concluded his remarks by saying he was done talking about bitcoin.

Whether Dimon can keep his word remains to be seen, but what is certain is that his critiques of bitcoin and cryptocurrencies will continue to drive conversation in both crypto- and Wall Street-circles.


Full story at http://read.bi/2xRfGKW


Source: Business Insider Nordic


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