Jamie Dimon, CEO of JPMorgan Chase, is not a fan of Bitcoin, and on Monday he reiterated his feelings by calling the cryptocurrency worthless while likening trading it to smoking cigarettes.
What do you think if you should smoke cigarettes or not? If they want to get access to buy or sell Bitcoin, we can't custody it but we can give them legitimate, as clean as possible access. Dimon has been a vocal critic of Bitcoin, previously called it a fraud and fool's gold, and at one point saying that he would fire JPMorgan traders if they traded in it. But despite his weak skepticism, JPMorgan has begun offering its clients access to a half dozen crypto products, the New York Post noted.