Warren Buffett, CEO of Berkshire Hathaway, and Jamie Dimon, J.P. Morgan CEO, voiced together, how much they dislike the idea of Bitcoin.
During the interview, yesterday, the two were asked “which one of you hates Bitcoin more?” “I set a high standard,” Buffett, who has been critical of the cryptocurrency, replied. “I don’t know whether Jamie can top me or not.” “I don’t want to be a Bitcoin spokesman,” Dimon responded. “Just beware.”
Warren Buffett has long been critical of Bitcoin, calling it a “mirage” in 2014. In May, Buffett said the popular cryptocurrency was “probably rat poison squared.” Dimon has also made clear his position against the digital currency. Couple month ago he called Bitcoin a “fraud.” In January, he walked back those comments, saying in an interview on Fox Business, that “the blockchain is real,” a reference to Bitcoin’s underlying open accounting technology that is seen by many as a more reliable and secure alternative to standard accounting software.
