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JPMorgan investment bank CEO Jamie Dimon reiterated his negative view on the main cryptocurrency, saying he did not really care about Bitcoin. In a recent interview with CNBC's Squawk Box yesterday, Dimon said that he was not happy when the Bitcoin plummeted in 2018, even as he had predicted the cryptos at the end of 2017, noting that several media reported on his skeptical comments. In addition to that, Dimon said that he did not intend to become the spokesperson against the main cryptocurrency.
As reported by CoinTelegraphduring the interview on Squawk Box, Dimon was asked if Bitcoin was better than the marijuana stocks he had said, "Whatever, but we are not doing any pot either." The investment bank had banned the purchase of cryptocurrency with credit cards last February.
On top of that, the CEO of JPMorgan Chase also said that he was a big supporter of the idea of the blockchain – the technology behind Bitcoin. In addition, Dimon expressed his position in favor of the blockchain, claiming that he considered it a real technology and called it an up-to-date database accessible to all.
Before the interview, Dimon was supposed to be optimistic about distributed ledger technology. The CEO also claimed that the technology would be used in various cases in 2018. Despite this, the bank's CEO said that the blockchain industry's troublemakers have been discussing their products for several years now, but that it does not There seemed to be no one that was effective for the moment.
Following the announcement of a system compatible with the block chain for international payments in 2017, the investment banking giant has filed a patent for a peer-to-peer payment network -peer based on the blockchain in May of last year. In addition, a research group published a study indicating that blockchain is a key technology for the bank's development roadmap, which not only consists of seeing growth, but also becoming a major digital bank.
In terms of price, Bitcoin did not work so well that day with a current price of $ 3,603 after falling 0.19% in the last 24 hours.
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