Jamie Dimon Would Close Down Bitcoin If He Were In Government
JPMorgan CEO Jamie Dimon says he would close down Bitcoin and crypto if he were the US Government. Speaking to senators today, the JPMorgan CEO said “I’ve always been deeply opposed to crypto, bitcoin , etc.” He points out an argument made by Sen. Elizabeth Warren that its true use is to aid criminals, including drug traffickers, and those in tax avoidance, due to its instant, near-anonymous transactions. JUST IN: JPMorgan CEO Jamie Dimon says he would "close down" #Bitcoin & crypto if he were the government. "The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance."pic.twitter.com/UMBzuYPb59 — Watcher.Guru (@WatcherGuru) December 6, 2023 Dimon further says that Bitcoin and crypto can bypass sanctions, OFAC, and other systems meant to halt these quick and secret transactions. “If I were the government I’d close it down,” Dimon concludes about Bitcoin and crypto as a whole. Jamie Dim...