BlocksInform
Crypto long-time skeptical jpmorgan executive director jamie dimon thinks that bitcoin () is a 'hyped-up fraud,' likening crypto to company stones.
In a new interview with CNBC, Dimon says Bitcoin and other digital assets “don’t do anything.”
Dimon, however, sees blockchain technology's merits differently from crypto assets.
“That’s different. Blockchain is a technological LEDGER that we use to get information out there. We used them for night repo, day repo. We used it in order to move money. So it's a registry, a technological registry that we believe we can deploy. Keep in mind we've been talking about this for the last 12 years, and very little has been done."
JPMorgan uses a platform called Liink, which is a blockchain from Onyx, an arm of the banking giant. According to , liink focuses on delivering capacity for data sharing between institutions.
In the cnbc interview, dimon also wonders if bitcoin is really rare and will stop at 21 million chips.
'How do you know he's stopping at 21 million? I have spoken to people about it – everyone is saying it. Well, maybe it will reach 21 million and Satoshi's photo will pop up and mock you and say, 'Na Na.'
