JPMorgan Chase CEO Jamie Dimon has once again reiterated his alleged skepticism about bitcoin, referring to it as an “anonymous” transaction and an “overblown fraud”. He also joked about the cryptocurrency’s supply cap, hoping that a picture of the pseudonymous bitcoin creator Satoshi Nakamoto would appear when the bitcoin supply hits 21,000,000 coins. On the other hand, Bank Of America stated that central bank digital currencies (CBDCs), and stablecoins are its preferred currencies, describing them as a “natural evolution of current monetary and payment systems.”
JPMorgan CEO Jamie Dimon Labels Bitcoin an ‘Exaggerated Fraud’: Expects Satoshi Nakamoto to Increase BTC Supply Cap
JPMorgan Chase CEO Jamie Dimon has yet again labeled bitcoin an “overblown fraud.” He went so far as to question the cryptocurrency’s supply limit, hoping that a picture of the pseudonymous bitcoin creator Satoshi Nakamoto would appear when the bitcoin supply hits 21,000,000 coins.
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Morgan Stanley CEO Claims Inflation Has Peaked, Cites China’s ‘Very Important Turnaround’
Morgan Stanley CEO James Gorman recently made two modifications to the site. He stated that inflation has clearly peaked and that it “really matters” when it comes to the economy. Gorman also noted that China has achieved a “very, very important turnaround” economically.
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