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.”
*This is not investment advice.