Jamie Dimon, a prominent critic of cryptocurrencies, expresses his disinterest in Bitcoin and calls it a 'hyped-fraud'.
Dimon categorizes cryptocurrencies into two groups, with Bitcoin falling into the second category associated with crimes and illicit activities.
Despite his negative views on Bitcoin, Dimon acknowledges the value of Blockchain technology and believes it will have a significant impact on moving money and data.
Dimon advises investors to stay away from Bitcoin and emphasizes that he won't discuss it publicly again.