Jamie Dimon, the CEO of banking behemoth JPMorgan, has maintained a divergent view about cryptocurrencies.
While he frequently disses Bitcoin (CRYPTO: BTC), the most valued cryptocurrency, he appears to have a favorable view of blockchain technology in general and projects based on smart contracts.
What happened: During an interview with CNBC in January 2023, Dimon made a clear differentiation between the two types of cryptocurrencies.
“There’s a cryptocurrency which might actually do something. Think of a cryptocurrency that has an embedded smart contract in it and that we can use it to buy and sell real estate and move data. That may have value,” the CEO of the world’s most valuable bank said.