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Jamie Dimon will not change his view but is he right?

12 Oct, 2021

Yesterday the boss of the largest non Chinese bank in the world, JP Morgan Chase was on the wires talking about a number of different topics. Jamie Dimon also repeated what he has said many times before; that in his personal opinion Bitcoin is worthless. Well, that message seemed to fall on deaf ears once again yesterday, as the crowd clearly disagree with his assessment. The other thing to note about what Dimon said, whilst disputing the legitimacy of the project; is to still grant access to those customers that want to be involved. Perhaps a slightly disingenuous narrative you might think, but such are the gains to be made by facilitating the pricing of BTC and other leading coins. This author is not going to reveal what he thinks about Dimon and his opinion because no one will care. The fact remains that Bitcoin is here and the belief is with it too. So, all the while that remains in place it will exist, even if for no better reason than a trading opportunity to many out there, eager for the gains that can be made, irrespective of its ultimate legitimacy. BTC is just now trading at 57,460

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