Jamie Dimon, the CEO of JPMorgan and a prominent critic of Bitcoin, has declared that he will cease making comments on the leading cryptocurrency. This decision comes after he reportedly received "death threats" following his outspoken remarks on the subject. Dimon has a long-standing and well-documented history of expressing strong negative opinions about Bitcoin.

His anti-Bitcoin stance dates back to 2017, when he controversially stated that he would dismiss any employee caught trading Bitcoin. In 2021, he further described the cryptocurrency as "worthless." His views have shown little signs of softening over time; as recently as last year, he labeled Bitcoin a "Ponzi scheme." Despite his consistent criticism, Dimon's public comments often garnered significant attention, making headlines in both financial and cryptocurrency news.

While highly critical of Bitcoin itself, the head of the world's most influential bank maintains a more favorable outlook on blockchain technology, which serves as the underlying infrastructure for Bitcoin. The 69-year-old CEO believes that blockchain has the potential to replace certain inefficient legacy systems, though he also acknowledges it is not the sole solution for such modernization. Dimon has also highlighted the practical challenges associated with decentralized permissionless blockchains, noting the difficulty in achieving consensus on rules among diverse participants.

JPMorgan, under Dimon's leadership, has actively pursued various blockchain initiatives. The bank previously developed Quorum, a permissioned Ethereum fork specifically designed for banking institutions. Quorum was subsequently sold to Ethereum developer Consensys in August 2020. In 2019, JPMorgan launched its "JPM Coin" project, aimed at settling institutional payments. Following this, in late 2020, the banking giant established a dedicated blockchain unit named "Onyx." Demonstrating its continued commitment to the space, JPMorgan is also venturing into the stablecoin sector in 2025, having filed a trademark for the stablecoin-like "JPMD" token in June, as reported by U.Today.