Posted 1/19/2024, 1:35:05 PM
Bitcoin Soars as Wall Street Embraces Crypto, But Dimon Warns Nakamoto Could 'Erase' It
- Bitcoin has surged over the last year as Wall Street giants led by BlackRock kick off a "crypto revolution"
- Bitcoin price has doubled since last year, recovering from 2022 crash, with further volatility expected around 2024
- JPMorgan CEO Jamie Dimon predicts Satoshi Nakamoto could return and "erase" all bitcoin entirely
- Dimon questions bitcoin's 21 million supply cap, though changing it would likely split the network
- Dimon says he's "done talking about" bitcoin despite his bank working with BlackRock's bitcoin ETF