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JPMorgan CEO Jamie Dimon Still Thinks Bitcoin Is Worthless, Calls Government Regulation Inevitable

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3 years ago

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JPMorgan CEO Jamie Dimon Still Thinks Bitcoin Is Worthless, Calls Government Regulation Inevitable

JPMorgan Chase CEO Jamie Dimon has said in the past that he does not like Bitcoin, and now reiterated his views on the world’s most popular cryptocurrency, calling it “worthless.” Bitcoin’s impressive performance over the past few weeks seems to silence many critics, but Dimon strongly opposes that cryptocurrency is a serious investment.

Dimon also said that cryptocurrency as an asset class will be regulated by the government, and regulation is necessary. Dimon, who has been criticizing Bitcoin in the past, said: “I personally think Bitcoin is worthless. But I don’t want to be its spokesperson, I don’t care. It makes no difference to me.” In other words, the largest bank in the United States will Provide Bitcoin exposure to its customers, Dimon said in a brief speech at the annual International Finance Association event. “Our customers are all adults. They disagree.

This is how the market is formed,” Dimon said. “So if they want to buy bitcoin for themselves, we can’t keep it, but we can provide them with legal and clean access as possible.” The CEO of JPMorgan Chase has assured that given their high interest in cryptocurrencies, he can now provide investment options for customers who desire Bitcoin. This seems to be a major change in Jamie Dimon’s attitude. In 2017, the CEO of JPMorgan Chase claimed that he did not want any of his employees to trade Bitcoin, claimed that Bitcoin was a fraud “worse than a tulip bulb”, and even compared it to a “dumb” earlier this year. gold”.

Despite Dimon’s sentiment, JPMorgan Chase began to provide its wealth management clients with access to encrypted assets in July 2021. The CEO’s comments also seem to have had an impact on Bitcoin’s bullish start to the week, closer than ever to record highs.

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Hollywood

Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

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2 weeks ago

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October 22, 2024

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Tom Holland to star alongside Matt Damon in Christopher Nolan’s next, will juggle that with Spider-Man 4 in 2025

Tom Holland, last seen in Apple TV show The Crowded Room last year, has signed his next with Academy Award-winning filmmaker Christopher Nolan.

Tom Holland is going to have a very busy 2025. As per The Hollywood Reporter, the actor has signed Christopher Nolan’s next, which he will juggle the filming of with that of the long-awaited Spider-Man 4. (Also Read – Tom Holland shares why he left alcohol behind: ‘Struggling without booze…’)

Tom signs Nolan’s next

This will mark the first collaboration between Tom and Christopher. While details of his next directorial aren’t known yet, it’s most likely not to have a contemporary setting. It’ll be either set in the past like, his previous film Oppenheimer (2023), or in the future like Interstellar (2014). Matt Damon, who has worked with Christopher in both, has also come on board his next.

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Christopher’s next will be co-produced by him and his wife Emma Thomas’ banner Syncopy Inc and Universal Pictures, as the two production houses will team up after the Academy Award-winning blockbuster Oppenheimer last year. Prior to Oppenheimer, Christopher collaborated mostly with Warner Bros before having a fallout post the debacle of Tenet (2020).

Warner Bros then went on to produce Greta Gerwig’s musical satire Barbie, which clashed with Oppenheimer at the box office and even outperformed it globally. Warner Bros offered Christopher a cheque for the fees he waived off for helming Tenet during the pandemic. While Christopher graciously accepted the belated remuneration, he still went on to pitch his next to Warner Bros.

Tom’s busy schedule

Tom didn’t have any release this year. His last outing was Todd Graff’s psychological thriller show The Crowded Room on Apple TV last year. He’ll juggle the filming of Christopher Nolan’s next and Spider-Man 4 in 2025. Tom has been playing the superhero ever since Russo Brothers’ 2016 blockbuster Captain America: Civil War. He’s slipped into the Peter Parker shoes post that for three standalone films and two Avengers movies. Spider-Man 4 will be helmed by Shang-Chi and the Legend of the Ten Rings director Destin Daniel Cretton.

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As Tom’s girlfriend and co-star Zendaya will be busy filming Spider-Man 4 in 2025, she’ll reprise her role of Chani in Denis Villeneuve’s sci-fi spectacle Dune 3 only in 2026. Meanwhile, Tom is also likely to make an appearance as Spider-Man in Russo Brothers’ Avengers: Doomsday, which will go on floors in the spring of 2025.

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