Crypto news

JPMorgan CEO’s Hilarious Take on Bitcoin: Should We Hoard It or Not?

BBG News

So, there I was, sipping my overpriced latte at the Reagan National Economic Forum, when who should pop up but JPMorgan’s very own Jamie Dimon. And guess what? He had a hot take on Bitcoin that was as spicy as my chai latte! ☕️

“We shouldn’t be stockpiling Bitcoin,” he declared, as if he were the cryptocurrency police. I mean, who knew Jamie was such a Bitcoin buzzkill? 🙄

This little gem of wisdom comes right after the U.S. decided to create a strategic Bitcoin reserve. You know, just a casual stash of coins that the government has confiscated. Because nothing says “trust us” like a pile of forfeited Bitcoin! 💰

Earlier this month, in a plot twist worthy of a soap opera, Dimon announced that he would allow JPMorgan clients to dip their toes into the Bitcoin pool. But hold your horses! The bank won’t be babysitting those coins. No custodial services here, folks! 🍼

Dimon, the anti-crypto billionaire banker, loves to compare Bitcoin to smoking. “Sure, it’s bad for you,” he seems to say, “but if you want to puff away, be my guest!” Just don’t come crying to him when you get burned! 🔥

And in a shocking turn of events, JPMorgan recently predicted that Bitcoin might just outshine gold in the latter half of the year. Because why not throw a little more chaos into the mix? 💎

Read More

2025-05-30 19:49

Previous post Why Jack Lowden’s “masterclass” BBC crime drama won’t get another season despite being a hit
Next post Karate Kid: Legends Shocks Fans with Cobra Kai’s Johnny Lawrence Return!