Jamie Dimon Thinks Bitcoin Supply Won’t Really Be Capped at 21 Million | Crypto Craft

  • Jamie Dimon Thinks Bitcoin Supply Won’t Really Be Capped at 21 Million

    From decrypt.co

    JP Morgan CEO Jamie Dimon remains a skeptic of almost everything Bitcoin—including the idea that its total supply is limited to 21 million coins. “How do you know it's gonna stop at 21 million?” he asked while discussing crypto with CNBC’s Squawk Box on Thursday. “Maybe it's gonna get to 21 million and Satoshi’s picture is gonna come up and laugh at you all.” This isn’t the first time he has questioned Bitcoin’s holy number—a defining feature frequently highlighted by the asset’s biggest boosters. Theoretically, an absolute supply cap would give Bitcoin greater scarcity than any ... (full story)

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yieldjunkie
Jan 20, 2023 7:21am
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“Maybe it's gonna get to 21 million and Satoshi’s picture is gonna come up and laugh at you all.”



Sounds like someone has clicked on one too many malicious links in his day.
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raklian
Jan 20, 2023 11:34am
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Well, James didn't become the CEO of a major bank for no reason. He's quite shrewd. Best not to discount him too quickly.
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