Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' — and says the crypto is hopeless as a currency

Tech Insider : Crypto
President and CEO of JPMorgan Chase Co. Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC.
JPMorgan CEO Jamie Dimon is a vocal bitcoin skeptic.

Mark Wilson/Getty Images

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