Bitcoin battle: Winklevoss twins vs. Bitcoin jamie dimon news billionaires Cameron and Tyler have a challenge for Jamie Dimon, a critic of the virtual currency. Gemini co-founders Tyler Winklevoss and Cameron Winklevoss challenge JPMorgan CEO Jamie Dimon to short the cryptocurrency. Jamie Dimon: the digital currency is no bubble.
People believe in the U. People believe in bitcoin, it has value. People believe in gold, it has value. And that’s not a linear increase. The currency isn’t going to work. Dimon said at a bank investor conference in New York. We encourage Jamie Dimon, we encourage him to personally bet against it, bitcoin, take J.
Morgan’s balance sheet, bet against bitcoin. Monday that he thinks confidence in bitcoin — and concerns over fraud — will change over time. Click the button below to comment on this article. Quotes delayed at least 15 minutes. Earnings estimates data provided by Zacks.
Economic data provided by Econoday. This material may not be published, broadcast, rewritten, or redistributed. 2018 FOX News Network, LLC. If clients want to trade cryptocurrencies, bankers are going to find ways to help them, JPMorgan included. Where demand leads, banks tend to follow. Digital currencies don’t need to be money for them to be a worthwhile business for a brokerage. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.