{"id":81560,"date":"2018-06-08T13:05:58","date_gmt":"2018-06-08T13:05:58","guid":{"rendered":"http:\/\/www.bnreport.com\/bitcoin-sceptic-jamie-dimon-tells-buyers-to-beware\/"},"modified":"2018-06-08T13:05:58","modified_gmt":"2018-06-08T13:05:58","slug":"bitcoin-sceptic-jamie-dimon-tells-buyers-to-beware","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/bitcoin-sceptic-jamie-dimon-tells-buyers-to-beware\/","title":{"rendered":"Bitcoin sceptic Jamie Dimon tells buyers to ‘beware’"},"content":{"rendered":"

<\/p>\n

After several controversial statements about bitcoin, the chief executive of JPMorgan<\/a> Chase Jamie Dimon<\/a> again tells people to \u201cbeware\u201d when trading in the cryptocurrency.<\/p>\n

Dimon, who appeared in a joint CNBC interview with Berkshire Hathaway chief executive and billionaire business magnate Warren Buffett<\/a>, has in the past been very sceptical of the crypto, labelling it a \u201cfraud\u201d in September last year.<\/p>\n

In the interview, the two businessmen were asked who hated bitcoin the most and Buffet started off by saying jokey: \u201cI set a high a high standard, I don't know whether Jamie can top me or not.\u201d<\/p>\n

Read more<\/strong>: Buffett and Gates label bitcoin as non-productive investment<\/a><\/p>\n

In response, Dimon simply said: \u201cI don't want to be the bitcoin spokesman, just beware.\u201d<\/p>\n

In September, bitcoin hit a three-week low following Dimon's remarks about bitcoin being a "fraud" adding that he would fire an employee trading in cryptos for being \u201cstupid\u201d.<\/p>\n

He has since retracted his statement and said he regret making the infamous comment, and recognised the potential of blockchain platforms. However, he still remains a bitcoin sceptic.<\/p>\n

Buffett as well is known for being outspoken on the subject calling bitcoin \u201crat poison squared\u201d in the past along with fellow investor Bill Gates<\/a>.<\/p>\n

Read more<\/strong>: Now Jamie Dimon says he regrets calling bitcoin a "fraud"<\/a><\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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