It seems that his staff feel ambivalent about his comments:
JPM Blockchain Lead: "¯\_(ツ)_/¯"
https://twitter.com/AmberBaldet/status/907675559492288512
Former JPM Director of Global Macro: "Jamie, you're a great boss and the GOAT bank CEO. You're not a trader or tech entrepreneur. Please, STFU about trading $BTC."
https://twitter.com/agurevich23/status/907692985424371712
Got these sources from Fortune's Term Sheet:
In bitcoin’s case, Dimon said he’s skeptical authorities will
allow a currency to exist without state oversight, especially
if something goes wrong.
Let's not forget their $12bn bailout[1] (closer to $14bn in today's dollars), and also the long string of controversies[2].
Jamie Dimon doesn't have much credibility. JPMorgan hasn't exactly been altruistic under his rein.
[1]: https://dealbook.nytimes.com/2008/03/18/jpmorgans-12-billion...
[2]: https://en.wikipedia.org/wiki/JPMorgan_Chase#Controversies
This is the fourth or fifth time I've seen this headline posted to HN.
at this point i agree its similar to tulip mania and its going to collapse there is no "ifs" just when it will happen.
that said there is utility in bitcoin mechanism. the value of the mechanism is the questionable part.
Previously:
https://news.ycombinator.com/item?id=15229765