JPMorgan CEO Jamie Dimon has doubled down on his criticism of bitcoin, once again saying the cryptocurrency is worthless.
“It’s got no intrinsic value,” the Wall Street banker said in a TV interview with Axios when asked whether bitcoin was akin to fool’s gold.“Regulators are going to regulate the hell out of it,” he added.“If people are using it for tax avoidance and sex trafficking and ransomware, it’s going to be regulated, whether you like it or not.”
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