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Jamie Dimon the CEO of the massive investment bank JP Morgan. He previously has some controversial words about Bitcoin and now he has commented on Libra.

At a conference in Washington he said “It was a neat idea that’ll never happen,”

So no so bullish on the idea then. He has reason to trash the idea as his bank are looking to launch  JPM Coin.

In a brief but scathing interview he finished off by saying:

“We already have stablecoins, they’re not the first to do it,” Dimon said. “I’ve got nothing else to say about it.”