Source: businesstimes.com.sg

JPMORGAN Chase -amp; Co CEO Jamie Dimon said he would fire any employee trading bitcoin for being -quot;stupid-quot;. The cryptocurrency -quot;won't end well-quot;, he told an investor conference in New York on Tuesday, predicting that it will eventually blow up. -quot;It's a fraud-quot; and -quot;worse than tulip bulbs-quot;. If a JPMorgan trader began trading in bitcoin, he said, -quot;I'd fire them in a second. For two reasons: It's against our rules, and they're stupid. And both are dangerous-quot;.


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