Jamie Dimon Again Slams Crypto, Calls Blockchain ‘Real’

Hear Alex Thorn share his take on “Bitcoin and Inflation: It’s Complicated” at Consensus 2023.

Hear Alex Thorn share his take on “Bitcoin and Inflation: It’s Complicated” at Consensus 2023.

For years Dimon has made no secret of his disdain for crypto, and just last month in congressional testimony again called tokens “decentralized Ponzis.”

Blockchain, on other hand, at least has certain “real” aspects, Dimon allowed, noting JPMorgan’s Onyx platform for wholesale payments transactions.

There’s plenty of illicit activity in crypto, said the man whose bank has been fined many billions of dollars for its own violations of statutes.

JPMorgan CEO Jamie Dimon surprised no one as he held the stage at an Institute for International Finance (IIF) event, again calling crypto tokens “decentralized Ponzis” even as he praised aspects of blockchain technology.

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