⸺ Obituary · December 6, 2023 ⸺
“Jamie Dimon Lashes Out Against Crypto: ‘If I Was The Government, I’d Close It Down’”
— CNBC, Jamie Dimon
“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
$73,520
Resurrection
×1.7
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 67% relative to the price on the day CNBC pronounced it finished.