JP Morgan CEO Jamie Dimon has issued new remarks about bitcoin, dismissing the digital currency's potential to survive in the long-term.
Speaking at the Fortune Global Forum, Dimon said people were wasting their time with digital currencies such as bitcoin.
He added:
"This is my personal opinion, there will be no real, non-controlled currency in the world. There is no government that's going to put up with it for long ... there will be no currency that gets around government controls."Full article:
http://www.coindesk.com/jamie-dimon-bitcoin-will-not-survive/Well.. my humble opinion is that in a way the man is right. Governments won't put up with it for much long... either digital currencies fall into government control like traditional currency or it will be criminalized.