Bitcoin is a Fraud

The perfect tool for ransomware:

JPMorgan Chase CEO Jamie Dimon did not mince words when asked about the popularity of virtual currency bitcoin.

Dimon said at an investment conference that the digital currency was a "fraud" and that his firm would fire anyone at the bank that traded it "in a second."

Dimon, speaking at a Barclays investment conference Tuesday, said he supported blockchain technology for tracking payments but that trading bitcoin itself was against the bank's rules. He added that bitcoin was "stupid" and "far too dangerous."