“I could care less about bitcoin….I don’t personally understand the value of something that has no actual value. You all can do whatever you want and I don’t care…..If you’re stupid enough to buy it, you’ll pay the price for it one day. I’ve also told people that it can trade at $100,000 before it trades to zero. The only value of bitcoin is what the other guy’ll pay for it. Who cares about bitcoin? The world economy’s so big, JPMorgan alone, $6 trillion, we move all this money, and bitcoin in total, all these currencies, $50 billion dollars, maybe a billion dollars trades a day.”
Jamie Dimon, CEO, JP Morgan Chase · Bitcoin since: +1,324%
As published by CNBC
Jamie Dimon Says If You're Stupid Enough To Buy Bitcoin, You'll Pay The Price One Day ↗
A little perspective.
Bitcoin on that day$5,640October 13, 2017
$100 at that price$1,424At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Jamie Dimon appears in 7 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “Jamie Dimon Says If You're Stupid Enough To Buy Bitcoin, You'll Pay The Price One Day” — Jamie Dimon, CNBC, October 13, 2017. Bitcoin: $5,640.13. https://bitcoindeaths.com/posts/2017-10-13-jamie-dimon-says-if-youre-stupid-enough-to-buy-bitcoin-youll-pay-the-price-one-day