⸺ Obituary · December 6, 2023 ⸺

“Jamie Dimon Lashes Out Against Crypto: ‘If I Was The Government, I’d Close It Down’”

CNBC

Jamie Dimon

Photo: Lauren Hurley / No 10 Downing Street (OGL v3.0), via Wikimedia Commons

“I’ve always been deeply opposed to crypto, bitcoin, etc. The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance... If I was the government, I’d close it down.”

Price at death

$43,933

Today

$61,577

Resurrection

×1.4

On 2023-12-06, Jamie Dimon (CEO, JP Morgan Chase) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$43,933 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 6, 2023, when one Bitcoin traded for approximately $43,933. Since then, Bitcoin has appreciated by 40% relative to the price on the day CNBC pronounced it finished.

Read the original →

← Earlier death

“Every Bitcoin Payment 'Uses A Swimming Pool Of Water'”

Later death →

“BlackRock Will Completely Destroy Bitcoin”

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