{"id":439133,"date":"2024-03-12T19:32:34","date_gmt":"2024-03-12T18:32:34","guid":{"rendered":"https:\/\/thecoinacademy.co\/news\/jamie-dimon-bitcoin-and-cryptocurrency\/"},"modified":"2024-03-12T19:32:40","modified_gmt":"2024-03-12T18:32:40","slug":"jamie-dimon-bitcoin-and-cryptocurrency","status":"publish","type":"post","link":"https:\/\/thecoinacademy.co\/news\/jamie-dimon-bitcoin-and-cryptocurrency\/","title":{"rendered":"Jamie Dimon’s Complex Relationship with Bitcoin"},"content":{"rendered":"

Jamie Dimon compares buying Bitcoin to smoking a cigarette, stating he will defend everyone’s right to buy Bitcoin, even though he will never personally buy it.<\/strong><\/p>\n

Jamie Dimon: A Change of Heart on Bitcoin?<\/span><\/span><\/h2>\n

Jamie Dimon illustrated his stance by comparing buying Bitcoin to the decision to smoke a cigarette<\/strong>, emphasizing that he will defend everyone’s right to make such choices, even if he does not share those preferences.<\/p>\n

\n

I will defend your right to smoke a cigarette, just as I will defend your right to buy Bitcoin.<\/p>\n

Jamie Dimon, CEO of JPMorgan<\/cite><\/p><\/blockquote>\n

This statement during a business summit video appearance<\/strong> for the Australian Financial Review represents the CEO’s most positive statement about cryptocurrency. However, he made it clear that he will never personally buy Bitcoin<\/strong>, seeing it as a risk for investors.<\/p>\n

Fraud and Terrorism: The Argument of Illegal Use of Bitcoin<\/span><\/h2>\n

Jamie Dimon reiterated his criticisms regarding the use of cryptocurrency for illegal activities<\/strong>, such as fraud and terrorism. These comments reflect his consistent distrust towards Bitcoin<\/strong> over the years. Despite an apparent openness to individual freedom to invest in cryptocurrency, his view remains deeply skeptical of its value and legitimate utility.<\/p>\n

On a broader topic concerning the American economy, Jamie Dimon<\/em> advised the Federal Reserve to wait until June before lowering interest rates<\/strong>, to ensure the effectiveness of its fight against inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"Jamie Dimon compares buying Bitcoin to smoking a cigarette, stating he will defend everyone’s right to buy Bitcoin,…\n","protected":false},"author":3,"featured_media":439135,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","original_i18n_url":"https:\/\/coinacademy.fr\/actu\/btc-pdg-jpmorgan-compare-achat-bitcoin-fumer-cigarette\/"},"categories":[139],"tags":[],"coauthors":[],"yoast_head":"\nJamie Dimon's Complex Relationship with Bitcoin - Coin Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecoinacademy.co\/news\/jamie-dimon-bitcoin-and-cryptocurrency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jamie Dimon's Complex Relationship with Bitcoin - 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