Bitcoin (BTC) Warning from JPMorgan CEO!

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.