JP Morgan CEO slams Bitcoin


SUBMITTED BY: Igneouscentral

DATE: Sept. 13, 2017, 1:27 p.m.

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  1. The cryptocurrency “won’t end well,” he told an investor conference in New York on Tuesday, predicting it will eventually blow up. “It’s a fraud” and “worse than tulip bulbs.”
  2. Jamie Dimon.Photographer: Marlene Awaad/Bloomberg
  3. If a JPMorgan trader began trading in bitcoin, he said, “I’d fire them in a second. For two reasons: It’s against our rules, and they’re stupid. And both are dangerous.”

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