JPMorgan CEO Jamie Dimon doubled down on past skepticism of bitcoin in a TV interview with Axios published on Monday, warning investors that the cryptocurrency has no underlying value.
“It’s got no intrinsic value,” said Dimon in response to a question on whether bitcoin was akin to fool’s gold.
Asked about whether authorities should regulate crypto, Dimon said, “Regulators are going to regulate the hell out of it,” adding that this was more a factual than a moral statement.
