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Jamie Dimon, CEO of JPMorgan, has been known for his critical views on Bitcoin over the years, calling it a terrible store of value, a fraud worse than the Tulip Bubble, and even firing employees trading Bitcoin. However, recent shifts in Dimon's stance suggest a softening towards Bitcoin, aligning with the growing crypto rally. Dimon's change in perspective comes amidst a broader trend of influential figures like BlackRock's Larry Fink also reconsidering their positions on Bitcoin.
JPMorgan says bitcoin rally 'propagated' by retail and speculative institutional investors https://t.co/IR6NkhqgKu
Jamie Dimon is my favorite permabear on Bitcoin. - Terrible store of value - JPM tries and fails at their own blockchain / token (Quorum, JPM coin) - Bigger ponzi than the tulip bubble - Funds terrorism - Continues to not believe it... 10 years later...Bitcoin respeks the pump.…
First BlackRock's Larry Fink, now Jamie Dimon is (kinda) softening their stance against Bitcoin. @SMTuffy told me they won't be last to do so as the crypto rally continues. https://t.co/OFwnsMfW75
