Quote from: nidhisharma77 on October 13, 2021, 03:31:23 PM

Jamie Dimon, the chairman, and Chief executive officer of JP Morgan, has triggered a new round of criticism from the cryptocurrency world for his comments about Bitcoin.

Speaking there at the Institute of International Finance conference on Monday, Dimon labeled Bitcoin “worthless,” but added that while JP Morgan cannot custody it, it can provide its customers with “legitimate, as-clean-as-possible access” to cryptocurrency.

Armstrong went on to say that

CEOs without a science/engineering background are going to be at a disadvantage in the coming decades, because software is eating the world, changing every industry.

Luckily, the tools to learn it are available online for free and are getting better and better. It’s accessible to almost anyone if they are willing to power through it, and at least learn the basics.

Rest at Source: https://news.todayq.com/news/brian-armstrong-opposes-jp-morgan-ceos-bitcoin-criticism/

Lol! What an insult! I too agree with Brian here! If a company and its leadership can't evolve with the time and technology, will become extinct sooner rather than later.

I am happy that the crypto market has again proved that we are immune from such comments of prominent bankers. I remember back in 2016, how badly we were affected by the remarks of Jemie. But now, no impact at all! So Jemie can continue with his games while we enjoy the bitcoin advantage!