You are here

Jamie Dimon, Here's Why You're Wrong About Bitcoin

JP Morgan Chase's Chairman and CEO Jamie Dimon (ERIC PIERMONT/AFP/Getty Images)


Hi Jamie,

We've never met, and I never expected to find myself in the position of writing you an open letter. But this weekend, days after your observations on Bitcoin, strangers all over the world, plus old friends like my high school best friend's younger brother, were still tweeting or messaging me about your comments, so here goes.

When I first heard about your comments on Bitcoin last week, I paid barely any attention. Though I cover Bitcoin and crypto assets day in and day out (and full disclosure, own some bitcoin and ether), your remarks seemed to be spoken by someone who has no understanding of cryptocurrencies, and so I ignored them. Later on, I read a full article detailing your comments that day -- replete with video -- and truly understood the depth of your ignorance.


Read Complete Article