Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.

Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal economic policies.

During the call, Dimon criticized Bitcoin, particularly focusing on its volatility and the potential for its use in illegal activities, including money laundering and fraud.

He suggested that the rapid increase in Bitcoin's value might indicate a speculative bubble, cautioning investors about the risks involved.

Despite his criticisms, Dimon stated that he would defend the right of individuals to purchase Bitcoin, likening it to personal choices such as smoking cigarettes.

"I defend your right to smoke a cigarette, [and] I’ll defend your right to buy a Bitcoin."  Said by Dimon......

    ~You see no matter how they want to criticise bitcoin thesame mouth will still defend I will only say that Dimon is totally confused right here ~
 

Bitcoin still remains the king and aways become the kings of all coins

https://www.btctimes.com/news/jpmorgan-chase-ceo-says-he-will-defend-peoples-right-to-buy-bitcoin