On the eve of the 10th anniversary of the Bitcoin white paper, Oct. 30, JPMorgan CEO Jamie Dimon found himself speaking yet again about the leading cryptocurrency, notwithstanding his track record of attempts to extricate himself from the debate.
As CNBC reported Oct. 31, Dimon made his "Reluctant" comments at the Axios conference in Los Angeles on Tuesday.
"I never changed what I said, I just regret having said it. I didn't want to be the spokesman against Bitcoin. I don't really give a sh*t, that's the point. Blockchain is real, it's technology, but Bitcoin is not the same as a fiat currency."
As previously reported, Dimon's circuitous history with Bitcoin dates back to September 2017, when his critical rhetoric caused a sharp fleeting dent to the asset's price.
After pledging to keep silent on the matter, this January the CEO again became embroiled in Bitcoin talk, saying he regretted his earlier choice of words, all the while reaffirming his avowed indifference.
Despite its CEO's ambivalence, senior figures within the banking giant have hinted at a potentially more receptive stance towards the crypto space, although the institution's signals regarding crypto are resoundingly mixed.
As Dimon's latest comment suggests, JPMorgan is more straightforwardly pro-blockchain: a study into JPMorgan's digital transformation published earlier this month underscored that blockchain represents a key technology for the bank's roadmap.
In late September, JPMorgan expanded its blockchain-based payment platform to over 75 multinational banks, as part of a collective bid to stave off competition from outside of the banking sector.
Jamie Dimon Comments on Bitcoin Yet Again, Says He Doesn't Give a Sh*t About It
Publicado en Nov 1, 2018
by Cointele | Publicado en Coinage
Coinage
Mencionado en este artÃculo
Noticias recientes
Ver todo
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.