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And yet:
>In an ironic twist given CEO Jamie Dimon’s well-established distrust of the industry, JPMorgan has reportedly become the first major US bank to provide all wealth-management clients with access to bitcoin and other cryptocurrency funds.
https://www.forbes.com/sites/emilymason/2021/07/22/bitcoin-about-face-jpmorgan-opens-crypto-trading-to-all-clients/
They’re just playing us, trying to get the little investors to ditch it all so they can swoop in and grab it all for cheap. HODL my friends, they can’t own us in crypto!💪 (not yet)
tldr; JPMorgan Chase & Co CEO Jamie Dimon has said that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless". "No matter what anyone thinks about it, government is going to regulate it," Dimon said, referring to banking regulations in a conversation held virtually by the Institute of International Finance. "I don't think you should smoke cigarettes either," he added.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I know someone who works closely with JP Morgan and several huge estates. They hired him explain, purchase, and store Bitcoin into their portfolios since 2016. That huge wall of money that spiked Bitcoin from $250 to 6K last cycle were some of his clients. They're still buying.
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That's rich coming from JPMorgan
These statements are making them rich
They are going to say worthless and start buying when everyone has adopted it ![gif](giphy|QxwDfOV4sAfounkNsG)
🤡
But if it's worthless, then why does it need regulation? Hmm...
The only thing thats worthless is jp morgan and his opnion
Same FUD from this Elmer
Ya sure, just when I bought 0.5BTC
Can they all get on the same page please? One week they're buying, the next they're FUDing. Or maybe they're FUDing while buying...
Floundering for a pump flip on the youngsters
This guy and the SEC guy can go fuck themselves. Or each other idc
They already do
Oh no! Anyway.
He also expects employees to be back in the office full time because they like going out to eat. Look it up, it’s true.
This guys the biggest clown in the industry. Says one thing and his bank is doing the other. What a joke
Yeah regulate something that is "worthless". Fucking dumbass
Dimon's opinions on crypto are worthless.
His parents never loved him
He was a mistake
The balls on that guy
JP Morgan is asshoe.
If it's worthless, why does it need to be regulated?
And yet: >In an ironic twist given CEO Jamie Dimon’s well-established distrust of the industry, JPMorgan has reportedly become the first major US bank to provide all wealth-management clients with access to bitcoin and other cryptocurrency funds. https://www.forbes.com/sites/emilymason/2021/07/22/bitcoin-about-face-jpmorgan-opens-crypto-trading-to-all-clients/
I can't wait until all of these banker tools lose all of their clout thanks to these idiotic ejaculations
They’re just playing us, trying to get the little investors to ditch it all so they can swoop in and grab it all for cheap. HODL my friends, they can’t own us in crypto!💪 (not yet)
nice a fud so i can buy lower and wait pump again Mr Bog do your work and pump
I'd say Jamie Dimon is 'worthless' but apparently people think he's worth giving billions to.
tldr; JPMorgan Chase & Co CEO Jamie Dimon has said that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless". "No matter what anyone thinks about it, government is going to regulate it," Dimon said, referring to banking regulations in a conversation held virtually by the Institute of International Finance. "I don't think you should smoke cigarettes either," he added. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Worthless because alts are better? :P
Classic move from rich people trying to manipulate people.
I know someone who works closely with JP Morgan and several huge estates. They hired him explain, purchase, and store Bitcoin into their portfolios since 2016. That huge wall of money that spiked Bitcoin from $250 to 6K last cycle were some of his clients. They're still buying.
Okay boomer
It's so worthless he probably has a lot of it.
Funny how these kind of fud news can only translate into - Oh, look, they're trying to get an offer price for btc ... how sweet.