It is safe to say that JPMorgan CEO Jamie Dimon is public enemy No. 1 in the bitcoin community.
The Wall Street executive has said many things about the peer-to-peer decentralized virtual currency, much of it negative. It is a bubble, it is worse than the tulip bulb bubble in Holland in the 17th century, it is a fraud, it will be shut down by the government, it will crash. He has uttered many negative comments pertaining to the digital currency.
But now he refuses to talk about it anymore.
Speaking on a conference call with journalists on Thursday, Dimon confirmed that he will no longer be uttering a single word about the cryptocurrency.
“I wouldn’t put this high in the category of important things in the world, but I’m not going to talk about bitcoin anymore,” he said.
Though, Dimon did note later in the conference call that bitcoin is “not cash.”
Dimon’s remarks come on the same day that bitcoin topped $5,000 for the first time in its year decade-long history. It also comes as Dimon was slapped with a market abuse claim for “spreading false and misleading information” about bitcoin by Blockswater, an algorithmic liquidity provider.
This should serve as a warning that you don’t insult the bitcoin community.
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