JPMorgan CEO: Bitcoin has no intrinsic value, and having the right to buy or sell Bitcoin does not mean it is a good idea

ChainCatcher news, JPMorgan CEO Jamie Dimon once again criticized Bitcoin in an interview with CBS News, stating that it has no intrinsic value and is often abused by bad actors. He compared Bitcoin to smoking, arguing that just because one has the right to do something does not mean it is a good idea. He believes that while people have the right to buy or sell Bitcoin, it does not mean it is a good thing.

It is worth noting that while Dimon maintains a harsh stance on Bitcoin, he holds a more positive view of blockchain technology, acknowledging its practical uses and mentioning JPMorgan's involvement in blockchain projects like JPM Coin.