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Home Crypto News Market JPMorgan 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 Brownhttps://thecryptobasic.com/
Albert Brown is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. Holds major cryptocurrencies and has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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