"I'm sorry to call bitcoin a hoax" - James Dimon
In less than four months from the moment when James Dimon criticized bitcoin, saying that the cryptocurrency "will eventually explode" because "it's worse than the bulbs of tulips," as CEO of JPMorgan said that he "regrets" about his speech, during which he called bitcoin deception.
In a conversation with FOX Business, Damon repented, saying: "I'm sorry that I gave [these comments]."
Although Dimon continues to assert that his "this topic does not interest at all", he admits that the blockade is "real". He also revised his position on the ICO, saying that each campaign should be approached "individually."
"The blockade is real. You can release crypto yen, dollar and so on. ICO should be considered individually, "he said. "For me, bitcoin has always been what it is for governments watching its growth. My opinion is simply different from that of other people. This topic does not interest me at all. "
Until now, Dimon remained one of the most irreconcilable opponents of the crypto-currency on Wall Street. Comments he gave in September, the crypto-exchange community met with outrage, and later in support of the CEO of JPMorgan spoke a number of his colleagues, including Larry Fink, chairman, and CEO of BlackRock.
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Thank you, man!
Every currency is based on trust. Every commercial relationship is based on trust.
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Bitcoin changed many peoples financial life. So calling it hoax is a bit ignorant for sure.
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