Bitcoin Is Worthless, Says Dimon

So says Jamie Dimon, the head of JPMorgan Chase, only eight years after I have done the same.

Cryptocurrenies are valuations where the intrinsic value and trust are zero. They are like modern-day religions, not becoming more true because you can find more believers.

Should I warn you the SEC is not too fond of them either, and explain is it a threat to national security, as I expressed the threat to sovereignty eight years ago. Should I whisper I told you so?

Go ahead, keep ignoring me, if you want to keep the circus of humanity’s greater-foolery going.

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

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