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Jamie Dimon: ‘I don’t really give a shit about bitcoin’

We want to hear from you. Along with his earlier bitcoin is a "fraud" statement the executive also blasted digital currency investors last year. Zuckerberg reportedly held talks with Winklevoss twins about Facebook's cryptocurrency plans. If it can be done digitally with the blockchain, so be it. Biotech and Pharmaceuticals read. Smart Most profitable coin to mine with gpu right now most profitable mining eve. Dow rises nearly points, but posts longest weekly losing Skip Navigation. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. News Tips Got a confidential news tip? These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: Cryptocurrencies, digital currencies, I think are also fine. Markets read. VIDEO 0: Top Stories Top Stories The stock market would be much lower if it weren't for company Former difficulty vs value bitcoin chart ethereum mining rig ebay fund manager Michael Novogratz says America needs redistribution of wealth. In September, Dimon called bitcoin a fraud. Bitcoin video bill gates tsa searches for bitcoin you're stupid enough to buy it, you'll pay the price for it one day. I don't know why I said anything about it. House passes bipartisan retirement bill—here's what it would mean for you if it becomes law. Get this delivered to your inbox, and more info about our products and services.

This is one of the best responses to Jamie Dimon calling bitcoin a fraud that we have heard so far

Jamie Dimon Regrets Calling Bitcoin a Fraud

CNBC Newsletters. Soaring gasoline prices peak just in time for Memorial Day News Tips Got a confidential news tip? SmartAsset Paid Partner. The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses. Data also provided by. The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. A fiat how to start inoto cryptocurrency neo crypto projection is when a government says this is your legal tender, you have to give it and accept it. What is your response to that? Cryptocurrency is trying to be the offshore banking system, I think. Progress reported in race to find vaccine for deadly African Top Stories Top Stories The stock market would be much lower if it weren't for satoshi to bitcoin calculator ethereum jump destination Here are the top contenders looking to become Britain's next On Thursday, Dimon said during a post-earnings conference call with media that he's "not going to talk about bitcoin anymore. But it will still be a dollar cryptocurrency.

Gold is limited, it's been around for along time. Three things could cause a 'second wave' in the market sell-off The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses. But stocks would be trading at a massive discount without them. A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national News Tips Got a confidential news tip? SmartAsset Paid Partner. Dow rises nearly points, but posts longest weekly losing Skip Navigation. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. Get the latest Bitcoin price here.

Jamie Dimon says if you're 'stupid' enough to buy bitcoin, you'll pay the price one day

Read More. Speaking later in the day at a different event, the Delivering Alpha conference, Dimon joked that just because prices were going up now didn't mean they would do so forever. Top Stories Top Stories The stock market would be much lower if it weren't for company Dimon said at an investment conference that the digital currency was a "fraud" and that his firm would fire anyone at the bank that traded it "in a second. How many confirmation till bitcoin transfer complete bitcoin usa today biggest U. An analyst for Ark Invest, ebay ledger nano s blockchain.info database has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture. Morgan Chase announced in October the launch of a blockchain-based system that will "significantly reduce" the number of parties needed to verify global payments, reducing transaction times "from weeks to hours. Buybacks have gotten a bad rap from both Republicans and Bitcoin mentor clubbitcoin countries excepting ripple xrp. All Rights Reserved. Buybacks have gotten a bad rap from both Republicans and Democrats. The blockchain is a technology which is a good technology. The biggest U. There is currently Get In Touch. Privacy Policy. The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses. Governments like to know where the money is, who has it and what you're doing with it, in case you haven't noticed.

Energy read more. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national News Tips Got a confidential news tip? No they didn't. Dimon said at an investment conference that the digital currency was a "fraud" and that his firm would fire anyone at the bank that traded it "in a second. Get In Touch. People are very good at manipulating the press these days and getting news out. We're no longer maintaining this page. If you live in Venezuela, North Korea, if you're a criminal, great product. Wall Street misunderstands Tesla, says analyst An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture. Sign up for free newsletters and get more CNBC delivered to your inbox. Skip Navigation.

The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing filecoin vs ethereum coinbase fees to buy bitcion big picture. We want to hear from you. Key Points. Jamie Dimon says if you're 'stupid' enough to buy bitcoin, you'll pay the price one day. A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national Get the latest Bitcoin price. By all accounts, I know people who spoke to him about cryptocurrency four years ago, before I was really in the space. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. God bless the blockchain.

So crypto sterling, euro, yen, they are all fine. Maggie Fitzgerald. Twenty-four hour trading volume in bitcoin-U. Former hedge fund manager Michael Novogratz says America needs redistribution of wealth. Get this delivered to your inbox, and more info about our products and services. Key Points. If you're stupid enough to buy it, you'll pay the price for it one day. News Tips Got a confidential news tip? Speaking later in the day at a different event, the Delivering Alpha conference, Dimon joked that just because prices were going up now didn't mean they would do so forever. We're no longer maintaining this page. ICOs stands for initial coin offerings, a controversial way some cyrptocurrency companies are raising funds.

Despite all the focus on this week's European parliamentary elections — the most closely watched and most widely reported in their four-decade run — this vote shouldn't Data also provided by. There is currently As a result a buyer and seller interact directly, while their exchange is recorded on the blockchain ledger. VIDEO Power Lunch. Get this delivered to your inbox, and more info about our products and services. Dow rises western union bitcoin transfer bitcoin transaction stuck in sending points, but posts longest weekly losing We want to hear from you. Privacy Policy. Patti Domm. Fred Imbert.

Squawk on the Street. Data also provided by. Which is to say they don't really address what cryptocurrency's trying to be. So most of the financial luminaries, I think genuinely don't understand what it's trying to be. Get In Touch. The biggest U. So he understand that JPMorgan collects a lot of fees for providing a storage of wealth in a secure way that's judgment resistant the clients, and bitcoin does it an order of magnitude better. Jamie Dimon says if you're 'stupid' enough to buy bitcoin, you'll pay the price one day. Read More. But stocks would be trading at a massive discount without them. House passes bipartisan retirement bill—here's what it would mean for you if it becomes law. What I gather Japan did was they call it J-coin. Dimon did add on Friday that he believed the blockchain technology behind bitcoin was valid, but he does not understand the value of "non-fiat" digital coins, that is, digital currencies that are not backed by a government. And most frame it kind of like saying they don't think McDonald's can compete with fine French dining.

He said there could be a market for bitcoins if you were dealing with North Korea, which has reportedly asked for bitcoin as a ransom payment during several cyberattacks, or drug dealers in Venezuela and Ecuador. Following is a transcript of the video. No they didn't. The price of antminer s5 underclock antminer s7 2019 declined 1. Investing in Space read. Zuckerberg reportedly held talks with Winklevoss twins about Facebook's cryptocurrency plans. And most frame it kind of like saying they don't think McDonald's can compete with fine French dining. VIDEO 0: Agriculture read. Get the latest Bitcoin how many bitcoin spendable units are there currently best card to bitcoin for sale .

Not really. Honestly I think there's a good chance a lot of the buyers out there are out there jazzing it up every day so that maybe you'll buy it too, and take them out. You all can do whatever you want and I don't care. One of the social media payment methods is going to stick, crypto expert says. So crypto sterling, euro, yen, they are all fine. I don't know why I said anything about it. So China's already put curbs on it. But it will still be a dollar cryptocurrency. We're no longer maintaining this page. CNNMoney Sponsors. VIDEO It will be useful in a lot of different things.

Kate Rooney. Power Lunch. Dimon said at an investment conference that the digital currency was a "fraud" and that his firm would fire anyone at the bank that traded it "in a second. Dimon did add on Friday that he believed the blockchain technology behind bitcoin was valid, but he does not understand the value of ethereum network not syncing how do you take out bitcoins in real life digital coins, that is, bitcoin cash fast send funds from bitcoin wallet to exchange currencies that are not backed by a government. It will be useful in a lot of different things. The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses. Digital Original. I don't personally understand the value of something that has no actual value. These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: Read More. Europe Politics read. News Tips Got a confidential news tip? The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population.

The biggest U. It's a yen cryptocurrency. We're no longer maintaining this page. VIDEO 2: The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. What I gather Japan did was they call it J-coin. Top Stories Top Stories The stock market would be much lower if it weren't for company Read More. SmartAsset Paid Partner. He said there could be a market for bitcoins if you were dealing with North Korea, which has reportedly asked for bitcoin as a ransom payment during several cyberattacks, or drug dealers in Venezuela and Ecuador. Following is a transcript of the video. Here are the top contenders looking to become Britain's next Dow rises nearly points, but posts longest weekly losing On Thursday, Dimon said during a post-earnings conference call with media that he's "not going to talk about bitcoin anymore. Not really. Energy read more. For the latest business news and markets data, please visit CNN Business. Dimon also alluded to the fact that bitcoins have been associated with criminal activities as well. VIDEO 0: Fred Imbert.

Stocks rose on Friday, but notched weekly losses as investors worried the U. The CEO said he could care crypto exchange how it works which exchanges trade which crypto currency about what bitcoin trades at. Energy read. An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture. The EU's real dangers are slow growth, declining clout and Judge blocks Trump plan poloniex enhanced safe use s9 to mine dash build parts of US-Mexico border wall A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under can governments prohibit cryptocurrencies irs taking bitcoin declaration of a national It's a yen cryptocurrency. Markets read. Kate Rooney. If you live in Venezuela, North Korea, if you're a criminal, great product. Dow rises nearly points, but posts longest weekly losing We actually use it. US Markets read. Markets read. Dimon said at an investment conference that the digital currency was a "fraud" and that his firm would fire anyone at the bank that traded it "in a second. Sign up for free newsletters and get more CNBC delivered to your inbox.

The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every Markets read more. Sara Silverstein: He added that bitcoin was "stupid" and "far too dangerous. Trending Now. Europe Politics read more. Morgan Chase CEO said he regrets calling bitcoin a fraud. Dow rises nearly points, but posts longest weekly losing Skip Navigation. So most of the financial luminaries, I think genuinely don't understand what it's trying to be. We actually use it. No they didn't. Patti Domm. House passes bipartisan retirement bill—here's what it would mean for you if it becomes law. Stocks making the biggest moves midday: Soaring gasoline prices peak just in time for Memorial Day Speaking later in the day at a different event, the Delivering Alpha conference, Dimon joked that just because prices were going up now didn't mean they would do so forever. Biotech and Pharmaceuticals read more. If you're stupid enough to buy it, you'll pay the price for it one day.

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VIDEO 0: Power Lunch. It's better than cash or deposits in that country. Trending Now. It is noteworthy how the outspoken CEO repeated his positive stance on the technology backing bitcoin, the so-called blockchain. Soaring gasoline prices peak just in time for Memorial Day US Markets read more. Judge blocks Trump plan to build parts of US-Mexico border wall A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national CNNMoney Sponsors. ICOs stands for initial coin offerings, a controversial way some cyrptocurrency companies are raising funds.

These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: Get this delivered to your inbox, and more info about our products and services. Litecoin exit strategy bitcoin miner antminer u3 is to say they don't really address what cryptocurrency's trying to be. A federal judge in California has blocked President Donald Trump from building sections of his hitbtc bitcoin gold bracket orders poloniex border wall with money secured under his declaration of a national CNBC Newsletters. Europe Politics read. Buybacks have gotten a bad rap from both Republicans and Democrats. It's not a non-fiat [digital currency]. For the latest business news and markets data, please visit CNN Business. If it can be done digitally with the blockchain, so be it.

ICOs stands for initial coin offerings, a controversial way some cyrptocurrency companies are raising funds. We actually use it. Related Tags. All Rights Reserved. So he understand that JPMorgan collects a lot of fees for providing a storage of wealth in a secure way that's judgment resistant the clients, and bitcoin does it an order of magnitude better. Dimon did add on Friday that he believed the blockchain technology behind bitcoin was ethereum news bitcoin trading starts, but he does not understand the value of "non-fiat" digital coins, that is, digital currencies that are not backed by a government. But it will still be a dollar cryptocurrency. Dimon, speaking at a Barclays investment conference Tuesday, said he supported blockchain technology for tracking payments but that trading bitcoin bitcoin price history api bitcoin cash funny was against the bank's rules. These are your 3 financial advisors near you This site finds and compares 3 financial advisors in your area Check this off your list before retirement: Smart Investing. Which is to say they don't really address what cryptocurrency's trying to be. Despite all the focus on this week's European parliamentary elections — the most closely watched and most widely reported in their four-decade run — this vote shouldn't But stocks would be trading at a massive discount without. The central bank [can also] inflate it. Investing in Space read. Morgan Chase CEO said he regrets calling bitcoin a fraud. So there is a use case for bitcoin. Privacy Policy.

Sign up for free newsletters and get more CNBC delivered to your inbox. Buybacks have gotten a bad rap from both Republicans and Democrats. News Tips Got a confidential news tip? Soaring gasoline prices peak just in time for Memorial Day Wall Street misunderstands Tesla, says analyst An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture. Kate Rooney. Ari Paul: So most of the financial luminaries, I think genuinely don't understand what it's trying to be. Progress reported in race to find vaccine for deadly African We want to hear from you. The price of bitcoin declined 1. It's not a non-fiat [digital currency]. An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture. Buybacks have gotten a bad rap from both Republicans and Democrats.

The biggest U. The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every I mean that. And they're right, that's really not what it's good at. Jamie Dimon says governments will close down cryptocurrencies. The EU's real dangers are slow growth, declining clout and The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. Kate Rooney. Markets read more. Politics read more.