This must be a record for Mr. Dimon, who seems to have barely been able to last an hour without calling out Bitcoin as a “fraud”, or a refuge for criminals and North Koreans.
Mr. Dimon finally broke his Zen-like meditative silence late last week, once again returning to the familiar assaults we’ve come to expect from the world’s most powerful banker.
On Thursday, Dimon downplayed the importance of Bitcoin during a teleconference with journalists, and then said he wouldn’t talk about cryptocurrency anymore.
One day later, Dimon was talking about cryptocurrency again, this time at the annual meeting of the Institute for International Finance.
Dimon’s rant was in top form, and he went back to his core material– governments won’t allow Bitcoin to exist, it’s only useful for criminals, etc.
He was later joined by his sidekick Larry Fink, Chairman and CEO of Blackrock (the largest investment management firm in the world with over $5.7 trillion under management).
Fink stated succinctly that Bitoin is “an index for how much demand for money laundering there is in the world.”
Now, these are clearly not dumb guys. Dimon and Fink are princes of Wall Street. They know finance.
But it’s pretty obvious they haven’t done their homework on cryptocurrency… since there’s really no objective evidence to support their assertions.

http://cryptofundamentals.com.ng/the-one-way-governments-could-actually-kill-bitcoin-2/