CEO of JPMorgan, Jamie Dimon, has also been hard at work the last few months proclaiming bitcoin to be a fraud. Dimon did not limit himself to calling bitcoin a fraud either.
Apple co-founder Steve Wozniak rebutted Dimon’s comments by emphasizing bitcoin’s legitimacy. He reminded both Dimon and listeners of bitcoin’s qualities as a decentralized, transparent and peer-network operated, thus making it highly resistant to censorship.
Wozniak, apparently offended by Dimon’s comments, went on to add that bitcoin was purely mathematical, as was he a mathematician. Dimon’s accusations of bitcoin appeared to be largely self-serving, being made suspiciously soon after the colossal failure of JPMorgan’s blockchain technology, Quorum.
Other representatives of the bank claimed JPMorgan was open-minded as far as bitcoin was concerned. In an ongoing debate, there is talk of Dimon using the bank to trade bitcoin, and in doing so, circumventing anti-money laundering regulations enforced by Switzerland.
https://btcmanager.com/jp-morgan-found-guilty-money-laundering/
