Davos, Jamie Dimon, the CEO of JPMorgan, mocked Bitcoin, referring to it as a "pet rock." He simply claimed that it is useless and connected it to doubtful activities like hiding taxes and fraud. Dimon has long been an opponent of Bitcoin, believing it to be very dangerous. He's okay with others investing, but he strongly warns against it. He even made a joke about removing any trader at JPMorgan who was discovered using Bitcoin.
How do you take Dimon's comments? Do you believe that Bitcoin is just an useless "pet rock"? Tell your opinions on his warnings and how you think Bitcoin fits into the bigger framework of things.
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