Jamie Dimon Says He’s Not Against Blockchains But Trades Guns On Bitcoin Again—It Has No Intrinsic Value: ‘I Just Don’t Feel Great About…’

Jamie Dimon, the CEO of banking behemoth JPMorgan, reiterated his critical stance on Bitcoin (CRYPTO: BTC) while recognizing the importance of blockchain technology.

What happened: In an interview with CBS News on Sunday, Dimon praised blockchain’s role in facilitating money and data transfers and acknowledged that JPMorgan was also using the technology.

“They’ll have uses,” he said about blockchains but rued that much of the emphasis in the last 10-15 years has focused solely on Bitcoin.

Dimon went on to say that …

Full story available on Benzinga.com