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Jamie Dimon's Bitcoin Takes

Jamie Dimon's Bitcoin Takes

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Dimon’s many takes on bitcoin Jamie Dimon versus bitcoin Jan. 23, 2014: ‘Bitcoin is a terrible store of value’ Nov. 5, 2015: ‘Bitcoin will not survive’ Jan. 20, 2016: ‘Bitcoin is going nowhere’ Jan. 9, 2018: ‘I regret making that comment’ Oct. 12, 2017: ‘I’m not going to talk about bitcoin anymore’ Sept. 12, 2017: ‘Bitcoin is a fraud’ Oct. 30, 2018: ‘I don’t really give a shit about bitcoin’ $20,000 15,000 10,000 5,000 0 ’14 ’15 ’16 ’17 ’18
What it means

A chart compares Jamie Dimon’s changing public statements about Bitcoin with Bitcoin’s price from 2014 to 2018. The joke is that Dimon repeatedly condemned Bitcoin, then admitted regret or claimed not to care as its value surged, making his contradictory predictions look foolish. It is used as a reaction to someone confidently changing their opinion or being repeatedly wrong about a trend.

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Type
image
Size
569×398 · 54.5 KiB
Mood
sarcastic, ironic
Language
en
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