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HomeCrypto NewsMarketJPMorgan CEO Again Calls Bitcoin “Worthless”, Edward Snowden Respond-BTC Up 7,000% Since...

JPMorgan CEO Again Calls Bitcoin “Worthless”, Edward Snowden Respond-BTC Up 7,000% Since JPMorgan CEO Called It A “Terrible Store of Value” in 2014

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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.”


Edward Snowden responds:


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.

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Albert Brown
Albert Brown
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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