The world’s most famous whistleblower Edward Snowden recently used the insulting term “OK Boomer” as an infuriating retaliation to JPMorgan Chief Executive Officer Jamie Dimon’s comments.
Dimon again hurts the Bitcoin community by calling Bitcoin “worthless.”
JPMORGAN'S DIMON: I PERSONALLY THINK BITCOIN IS WORTHLESS
— *Walter Bloomberg (@DeItaone) October 11, 2021
Edward Snowden responds:
ok boomer https://t.co/7uQ9dyGYAC
— Edward Snowden (@Snowden) October 11, 2021
Recently Jamie Dimon, CEO of JPMorgan has shown his dislike for Bitcoin. He stated that Bitcoin has no intrinsic value. He described it as “the fool’s gold of the future”. Jamie said, “it has no intrinsic value, and regulators are going to regulate the hell out of it.”
Read in Detail: JPMorgan CEO Says Bitcoin Has No Intrinsic Value
Jamie Dimon is trashing Bitcoin since the year 2014.
Jamie Dimon on BTC:
- 2014: “terrible store of value”
- 2015: “will not survive” “will be stopped”
- 2016: “going nowhere”
- 2017: “a fraud”
- 2018: “don’t really give a shit”
- 2019: [JPMCoin launch]
- 2020: “not my cup of tea”
- 2021: “I have no interest in it” “fool’s gold” “worthless”
Bitcoin has risen by a staggering 7,000 percent since Dimon described it as a “terrible store of value.” in 2014.
In recent months, Snowden has devoted much of his time to crypto on Twitter. Recently Snowden said that Government digital coins or Central bank digital currencies (CBDCs) are the newest threat that society faces, and these coins “pervert” the very nature of cryptocurrencies.
Read in Detail: Edward Snowden: Government Digital Coins (CBDCs) Are A Conspiracy Against Society, And Will Ransom Our Future
Snowden also believes that China has made Bitcoin stronger by banning it many times.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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