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JPMorgan CEO: BTC has no Intrinsic Value, and having the right to buy or sell BTC does not mean it is a good idea.
ChainCatcher news, Jamie Dimon, CEO of JPMorgan Chase, once again criticized BTC in an interview with CBS News, stating that it has no Intrinsic Value and is often abused by bad actors. He compared BTC to smoking, stating that just because you have the right to do something doesn’t mean it’s a good idea. He believes that although people have the right to buy or sell BTC, it doesn’t mean it’s a good thing. It is worth noting that Damon, while maintaining a strict stance on BTC, has a more positive attitude towards blockchain technology, recognizing its practical utility and mentioning JPMorgan’s involvement in blockchain projects such as JPM Coin.