😑 How the head of the largest bank in the USA changed his mind!
Jamie Dimon, the head of JPMorgan, has repeatedly spoken out loudly and negatively about Bitcoin since the beginning of its significant rise, stating:
– 2017: "It's just a bubble. I will fire any employee who trades this."
– 2018: "Blockchain is a real technology, but cryptocurrencies are something else, not trustworthy."
– 2021: "Bitcoin is worthless. It's like a pet rock – completely useless."
– 2021, a couple of months later: "Cryptocurrencies can change the financial landscape, but they are still in development."
– 2023: "We are limiting cryptocurrency transactions for the security of our clients."
– 2025: "Bitcoin and gold are becoming important assets for diversifying investment portfolios amid global instability."
Bitcoin is increasingly being accepted even by those who fiercely criticized it, except, of course, for Peter Schiff, who buries Bitcoin every day: "As soon as it becomes clear that the US government will not buy Bitcoins, all those who were counting on this will start selling."