“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements for clients.”
People should avoid using centralized entities to purchase bitcoin. They should buy it on their own and store it on their own to be in custody of their money without having someone else's hands in their pocket!
That's the principle behind Bitcoin after all...
Jamie Dimon has explicitly criticized bitcoin before and multiple times at that too.
Criticize is not the right word here. He has attacked bitcoin and has spread FUD about it.
He has called bitcoin a scam and has linked bitcoin to crimes like money laundering, tax evasion, even drug trafficking.
This part is actually the funniest thing he has
donesaid considering that he and his bank are involved in all those crimes using the US dollar
