Posted 3/12/2024, 3:54:00 PM
Dimon Doubles Down on Bitcoin Criticism, Calls it Worthless and Risky Despite Recent Highs
- Jamie Dimon compares bitcoin to smoking - he'll defend your right to buy it but he never would himself
- Dimon remains a long-time bitcoin skeptic, arguing it finances illegal activities
- Despite bitcoin reaching new highs, Dimon calls it "worthless" though says its risks warrant regulation
- Dimon "If I was the government, I'd close [bitcoin] down"
- Though Dimon expects potential government clampdowns, analysts see bitcoin continuing to rise, possibly to $200,000 by 2025