Jamie Dimon, CEO of JPMorgan, has been known for his critical views on Bitcoin over the years, calling it a terrible store of value, a fraud worse than the Tulip Bubble, and even firing employees trading Bitcoin. However, recent shifts in Dimon's stance suggest a softening towards Bitcoin, aligning with the growing crypto rally. Dimon's change in perspective comes amidst a broader trend of influential figures like BlackRock's Larry Fink also reconsidering their positions on Bitcoin.
JPMorgan says bitcoin rally 'propagated' by retail and speculative institutional investors https://t.co/IR6NkhqgKu
Jamie Dimon is my favorite permabear on Bitcoin. - Terrible store of value - JPM tries and fails at their own blockchain / token (Quorum, JPM coin) - Bigger ponzi than the tulip bubble - Funds terrorism - Continues to not believe it... 10 years later...Bitcoin respeks the pump.…
First BlackRock's Larry Fink, now Jamie Dimon is (kinda) softening their stance against Bitcoin. @SMTuffy told me they won't be last to do so as the crypto rally continues. https://t.co/OFwnsMfW75
JPMorgan CEO Dimon joins Trump in Bitcoin shift. More critics will soften in ETF ‘afterglow’ https://t.co/DcrFWvgsMp
$JPM Jamie Dimon is.. bearish Bitcoin bearish the economy bearish stocks bullish higher interest rates …and for quite some time now. One of the most influential ppl in this world is 0 for 4 (for now i suppose). Carry on Jamie.
Remember, Remember Mr. Jamie Dimon. 2014: Bitcoin terrible store of value 2015: Government will kill crypto 2016: F it let’s launch our own, Quorum. 2017: Bitcoin is a worse fraud than the Tulip Bubble. Fire any employee trading Bitcoin. Nukes the price and decided to BUY…