In an interview with CNBC, JPMorgan boss Jamie Dimon predicts gigantic growth potential for the Crypto market.
Jamie Dimon’s saying in which he called Bitcoin a “scam worse than the tulip bubble” has become legendary. However, he was unable to prevent the rapidly increasing valuation of the crypto sector or the ever-greater adaptation. Despite his still very critical attitude, Dimon does not see this development in the end.
JPMorgan CEO Jamie Dimon once again took his speech at the annual conference of the Investment Company Institute (ICI) as an opportunity to comment on one of his typical Bitcoin reviews. However, he also made the regulatory authorities responsible. In his opinion, more state supervision should prevent the crypto market from becoming too powerful.
If I were them [the regulators] I would be careful. Because when it’s three trillion, four trillion and five trillion [value of the crypto market], when every grandma starts buying crypto, […] I think there will be quite a stir without regulation
said Dimon in an interview broadcast by CNBC. This scenario he designed shows that he believes the crypto market will continue to grow.
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