• Bitcoin,  Cryptocurrencies,  Innovators,  Politics,  United States

    Government will control cryptos, says CEO of bank bailed out by government

    Did JP Morgan Chase & Co. CEO Jamie Dimon really have a change of heart when it comes to bitcoin?

    Just four months ago, Dimon called bitcoin a “fraud” and threatened to fire any of his traders caught trading the cryptocurrency on the company’s dime. “Someone is going to get killed,” he warned. Dimon even went so far to mock his own child, saying at CNBC’s Delivering Alpha conference, “My daughter bought bitcoin, it went up and now she thinks she’s a genius.” Since then, bitcoin has more than quadrupled, a return so lucrative that most traders would gladly go short their souls and take a punch in the jaw from their CEO as he escorted them out the door if they could get a glimpse of it. Thus, Jamie…

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