Bitcoin Price Could 10x, But JPMorgan CEO Jamie Dimon Doesn’t Care

In a new interview with the Times of India, JPMorgan CEO Jamie Dimon continued his history of criticism against Bitcoin, saying “I think if you borrow money to buy Bitcoin, you’re a fool.”

The billionaire CEO has held an extremely dismissive stance on Bitcoin since the asset first emerged, largely choosing to ignore it’s long track record of stable operation, price appreciation, and demand from his own customers.

Notably, in the interview Dimon declared, “I don’t really care about Bitcoin,” and went on to describe just how little he knows about it.

“I don’t know if it’s an asset. I don’t know if it’s foreign exchange. I don’t know if it’s a currency,” Dimon said. He also suggested that regulation will constrain Bitcoin, but as to “whether it eliminates it, I have no idea and I don’t personally care. I am not a buyer of Bitcoin.”

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