JPM - JPMorgan CEO Jamie Dimon Vows To Defend Your Right To Buy Bitcoin — But Hints At Unseen Macro Threat | Benzinga
JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon on Tuesday affirmed his support for individual rights to invest in Bitcoin (CRYPTO: BTC), even as he shared his insights on the cryptocurrency's impressive rally and speculated on the timing of a potential rate cut by the U.S. Federal Reserve this year.
What Happened: Speaking at the Australian Financial Review business summit in Sydney, Dimon drew an analogy between buying Bitcoin and smoking cigarettes to illustrate his point on personal freedom.
"I defend your right to smoke a cigarette, and I’ll defend your right to buy a Bitcoin," he told the audience, clarifying, however, that he personally would steer clear of investing in Bitcoin, according to The Block.
He raised concerns about the regulatory future of cryptocurrencies, questioning, ...