JPMorgan Chase CEO Jamie Dimon wants cryptocurrencies banned in the USA.
(Newsmax) – JPMorgan Chase CEO Jamie Dimon on Wednesday suggested bitcoin currency should be banned.
Dimon was speaking during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill.
“I’ve always been deeply opposed to crypto, bitcoin, etc.,” Dimon said in response to a question from Sen. Elizabeth Warren, D-Mass. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance because it is somewhat anonymous, not fully, and because you can move money instantaneously.  “If I was the government, I would close it down.” (read more)
   The US Treasury has set the financial system on an almost unreversible path to a U.S. Central Bank Digital Currency.  Crypto is a threat to the establishment of that objective.

     Crypto is a threat.  Jamie Dimon, along with all the major banks and financial institutions, is one key beneficiary that CBDC (a transactional player for fees therein) so long as JPMorgan stays on task.
JPMorgan CEO Jamie Dimon opposes cryptocurrency.
Democrats, really Marxists, oppose cryptocurrency.
Republicans, really financial beneficiaries of the largesse, oppose crypto currency.
 

Source: theconservativetreehouse.com