Speaking to CNBC's Squawk Box program, JP Morgan CEO Jamie Dimon made the following statements about Bitcoin:
“This is the last time I will talk about Bitcoin.
My personal advice is don't get involved in Bitcoin.
There are cryptocurrencies that do something, that can have value. There are also cryptocurrencies that do nothing, I call them pet rocks. Among those who do nothing is Bitcoin.
There are some use cases. Everything else is just people trading among themselves.”
"There are cryptocurrencies that do something, that might have value. And then there's one that does nothing, I call it pet rock. The #Bitcoin, or something like that," says @JPMorgan CEO Jamie Dimon. "It has some use cases. Everything else is people trading among themselves." pic.twitter.com/EnUBuIEHkI
— Squawk Box (@SquawkCNBC) January 17, 2024
*This is not investment advice.
