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Warren Buffett attacks Jamie Dimon in the Battle of the Bitcoin Bears



Adam James · 9. June 2018 · 2pm <! – Excerpt

If you're wondering, neither Warren Buffett nor Jamie Dimon changed their mind about Bitcoin. "Who of you hates bitcoin anymore?" Warren Buffett – an American businessman, investor and CEO of multinational conglomerate holding Berkshire Hathaway – is one of the most notorious traditional financial bears when it comes to Bitcoin. Also JPMorgan Chase's Chairman and CEO and former member of the Federal Reserve Bank of

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If you are wondering, neither Warren Buffett nor Jamie Dimon have changed their mind about Bitcoin.


"Which one of you hates Bitcoin more?"

Warren Buffett ̵

1; an American businessman, investor and CEO of multinational conglomerate holding Berkshire Hathaway – is one of the most notorious traditional finance bears in Bitcoin.

Likewise, JPMorgan Chase's Chairman and CEO and former New York Federal Reserve Bank chairman Jamie Dimon has long been a figurehead for Bitcoin haters.

The infidel group appeared together earlier this week on CNBC's "Squawk Box," where the question was asked, "Which one of you hates Bitcoin more?"

Buffett: "I set a high standard"

Buffett answered the question: [19659014] "I set a high standard, I do not know if Jamie can outdo me or not."

  Warren Buffett Crypto Miner for his negative Bitcoin comments

In fact, it's hard to name the first and most important crypto-worm rat poison. "That's exactly what the oracle of Omaha Bitcoin at the annual Berkshire Hathaway shareholders' meeting in

Buffett also said earlier:

Regarding cryptocurrencies, I can generally say with almost certainty that they will do it Come to a bad end when I buy a five-year put on each of the cryptocurrencies I'd be happy to do so, but I'd never lose a penny.

Dimon: "I do not want to be a Bitcoin spokesman"

Jamie Dimon seemed happy, Buffett the biggest to make a hater, and told CNBC:

I do not want to be a Bitcoin spokesman. Just watch out.

  Dimon Nowhere to See

Dimon is well known to Bitcoin advocates for calling the market leader in cryptocurrency "fraud" last September. He also said beforehand:

If we had a trader who traded Bitcoin, I would dismiss him in seconds for two reasons. First, it is against our rules. Second, it is stupid.

Dimon has withdrawn a lot of heat for his hatred. In January, Dimon went back and declared:

I regret having made her. The blockchain is real. You can have crypto dollars and yen and stuff like that. ICO's need to be considered individually. The Bitcoin for me has always been what governments will feel about Bitcoin, as it gets very big, and I just have a different opinion than other people. I'm not that interested in the subject at all.

What do you think of Warren Buffett's well documented opinions on Bitcoin? Do you think that Jamie Dimon regrets his earlier statements? Let us know in the comments below!


Images courtesy of Shutterstock, Flickr, Wikipedia Commons.

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