JPMorgan CEO Jamie Dimon is done talking about Bitcoin, or so he says.
Jamie Dimon Promises to Stop Talking about Bitcoin (Again)
The noted bitcoin critic made this resolution while in Davos, Switzerland, for the World Economic Forum.
“I think you all have said enough, I’m not going to say anymore,” Dimon said of Bitcoin during an interview with CNBC. “You talk about it too much. You should stop talking about it and go back to something relevant.”
If that statement sounds familiar, that’s likely because Dimon made a similar promise last year. In October — shortly after drawing headlines for labeling Bitcoin a “fraud” — Dimon vowed to stop talking about the flagship cryptocurrency.
“I’m not going to talk about Bitcoin anymore,” he said.
Of course, like most resolutions, this one didn’t stick, and by the next day, he was publicly bashing Bitcoin investors as “stupid,” although he once again said that he was not going to answer questions about Bitcoin anymore.
“I could care less about bitcoin. I don’t know why I said anything about it,” Dimon said, adding that it was the “last time” he would discuss it. “I don’t personally understand the value of something that has no actual value. You all can do whatever you want and I don’t care.”
This time, Dimon managed to go two months without a relapse, but he once again broke his vow following the launch of the first bitcoin futures contracts in mid-December. “I remain highly skeptical,” he said, although he stopped short of lobbing insults at Bitcoin or its investors.
In January, Dimon walked back some of his earlier comments, stating during an interview that he “regrets” calling bitcoin a fraud but maintained that he is “not interested” in the subject.
‘You Guys Are the Ones Popping This Whole Thing’
But though the respected banking executive has tempered his criticisms of Bitcoin in recent interviews, he reserved some choice words for the hosts who continue to pester him with questions about the matter
“You guys are the ones popping this whole thing,” he quipped during today’s interview, referencing the CNBC hosts, an accusation that has been leveled against the network on multiple occasions.
Last week, Jeffrey Robinson — a crypto-skeptic who authored a book titled?BitCon?— laid into the network for deigning to even discuss Bitcoin.
“I blame this network for bringing on these snake oil salesmen who tell you what a great investment it is,” Robinson said.
Featured image from Flickr/Fortune Global Forum.
Last modified: March 4, 2021 5:03 PM