The CEO of JP Morgan has been one of the biggest critics of BTC since he tagged it a fraud last year. Still, he is not willing to be the face of war against this cryptocurrency.
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When he was asked about his thoughts on bitcoin at the LA Axios Conference, he quashed earlier reports that he had softened his stance on BTC.
“I never changed what I said; I just regret having said that… I didn’t want to be the spokesperson against Bitcoin. I just don’t give a sh*t, that’s the point.”
Dimon maintained his earlier stance on Blockchain. He said that Blockchain is real and is a technology while bitcoin is not the same thing as fiat currency.
This statement is shocking considering the fact that it is barely a week since JP Morgan stated that they were tokenizing diamonds and gold bars on a Blockchain platform Quorum.
Quorum is a permissioned network, which is based on the Blockchain of Ethereum. It is used in the same way as Ethereum but is rather focused on offering private and more centralized solutions for businesses that want to explore the Blockchain.