JPMorgan Chase CEO: Bitcoin is useless and investment is not recommended

JPMorgan Chase CEO Jamie Dimon said during the Davos Forum today that Bitcoin can do almost nothing, so it is called a “pet rock”. Dimon is a longtime critic of Bitcoin. Back in 2021, when Bitcoin valuations peaked, he said Bitcoin was worthless. Last year, Dimon also called Bitcoin a fraud. “Blockchain (Bitcoin’s underlying technology) is real,” he said. It’s a technology and we use it as well. It can be used to transfer funds, transfer data, and is very efficient. We’ve also been talking about this technology for 12 years, but it’s still small. I think we’ve talked enough. ”