JAMIE DIMON: Bitcoin is a fraud that's 'worse than tulip bulbs'

JPMorgan CEO Jamie Dimon says bitcoin is worse than the most infamous asset bubble in history.

The cryptocurrency is "worse than tulip bulbs" according to Dimon, who was speaking at a Barclays Conference on Tuesday according to Bloomberg. He added that "it's a fraud" which will eventually blow up.

Dimon said he would fire any trader that transacted bitcoin for being stupid.
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