Dimon Of Two Minds On Bitcoin

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The difference between personal views and business:

On the one hand: “I personally think that #bitcoin is worthless…No matter what anyone thinks about it, government is going to regulate it. They are going to regulate it for (anti-money laundering) purposes, for (Bank Secrecy Act) purposes, for tax…” according to JPMorgan CEO Jamie Dimon.

On the other hand, per Reuters: “This summer, JPMorgan gave wealth management clients access to cryptocurrency funds, meaning the bank’s financial advisers can accept buy and sell orders from clients for five cryptocurrency products.”

https://www.reuters.com/business/jpmorgans-dimon-blasts-bitcoin-worthless-due-regulation-2021-10-11/

Source: https://jeffkoeppel.wordpress.com/2021/10/12/dimon-of-two-minds-on-bitcoin/

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