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JPMorgan CEO Says BTC Is Fraudlent

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JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.”

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For it’s part, Bank of America has said that it views central bank digital currencies and stablecoins as a “natural evolution of today’s monetary and payment systems.”

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JPMorgan Chase CEO Jamie Dimon calls bitcoin “a hyped-up fraud.”

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The chief executive was adamant about bitcoin's supply limit, anticipating an image that shows bitcoin's creator Satoshi Nakamoto to the surface and makes us laugh when bitcoin's supply exceeds 21 million dollars.

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He then told the news outlet: “I don’t care about bitcoin so we should drop this subject.”

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This was not the first time Dimon questioned bitcoin.

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