JPMorgan CEO: Bitcoin, other cryptos are 'decentralized Ponzi schemes'

#bitcoin #crypto #yahoofinance During his testimony to Congress on Wednesday, JPMorgan CEO Jamie Dimon criticized cryptocurrencies like bitcoin, comparing them to Ponzi schemes. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.