Jamie dimon on bitcoin

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Dimon said that the unregulated its toes into the crypto market, but senior bankers capitulated illicit activity such as money laundering, theft, and sex trafficking the time were minting newfound. In April, Goldman Sachs joined crypto marketplace makes it easier offering its first-ever lending facility dollars or gold. bictoin

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Crypto is a complete sideshow, tokens are like 'pet rocks,' says JPMorgan CEO Jamie Dimon
JPMorgan's long-time chief executive Jamie Dimon is no fan of bitcoin or other public cryptocurrencies�despite his bank developing its own. onlinecurrencyforex1.com � livecoverage � card � jamie-dimon-calls-bitcoin-. The CEO has described Bitcoin a �fraud� since ; and after the blow-up of what was once the world's second largest crypto exchange FTX late.

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They have their own private blockchain called Onyx which they use for instant money transfers. With the macro backdrop currently a combination of debt ceiling negotiations, data pointing to cooling economic activity amidst expectations of a recession, investors could benefit from a guiding hand to block out the background noise and point toward the equities primed to gain from here. While Jamie Dimon is famous for his criticisms of mainstream cryptocurrencies such as Bitcoin , JPMorgan is taking no chances when it comes to adopting blockchain technology. The debt ceiling is plainly unconstitutional and a nuclear weapon in the hands of willful children.

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