JPMorgan CEO Jamie Dimon on Bitcoin: “How do you know it ends at 21 million? You all read the algorithms? You guys all believe that? I don’t know, I’ve always been a skeptic of stuff like that”. Yes Mr. Dimon, we do read algorithms
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This came from an IIF event yesterday where he also said, “Our clients are adults, they disagree, that’s what makes markets. If they want to have access to buy or sell bitcoin, we can’t custody it, but we can give them legitimate, as clean as possible access.”
He also called Bitcoin worthless and has previously said, “My own personal advice to people is: stay away from it. That does not mean the clients don’t want it…I don’t smoke marijuana but if you make it nationally legal, I’m not going to stop our people from banking it.” This came after his clients have shown great interest in Bitcoin
You all read the algorithms?
Yes.
Its just 2 lines of code.
if (halvings >= 64)
return 0;
I’ve always been a skeptic of stuff like that
Stuff like what? reading?
Anyone with basic math knowledge can verify it. If he can’t do that simple math for himself he probably shouldn’t be a CEO at an investment bank.
This is one of the most ignorant statements I’ve ever read on crypto
submitted by /u/roymustang261
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