š¢ JPMorgan CEO Jamie Dimon speaks out against Bitcoin again! š¬
In a recent CNBC interview from Davos, Dimon advised against getting involved with Bitcoin, citing its use cases as "AML, fraud, sex trafficking, and tax avoidance." However, he defended people's right to use it. š«
Some key points:
- Dimon seemed more positive about other cryptocurrencies and the potential for tokenization of real-world assets. š
- When asked about Fidelity and BlackRock's involvement with Bitcoin via spot ETFs, Dimon claimed he "doesn't care" and vowed not to speak about Bitcoin again. š¤
- Despite his comments, JPMorgan is playing a key role in BlackRock's iShares Bitcoin ETF (IBIT) as one of the fund's authorized participants. š¤
What do you think about Dimon's stance on Bitcoin? Share your thoughts in the comments! š