O'Leary made his comments after Dimon declared himself a huge skeptic about cryptocurrency tokens, which you call currency, like Bitcoin, referring to them as decentralized Ponzi schemes in his testimony before Congress. the United States last week.
O'Leary explained that friction is one of the main problems of the traditional financial system and, moreover, it is the way that banks benefit from transaction fees, adding that stablecoins could lead to a reduction in fees throughout the world.
JPMorgan Chase CEO Jamie Dimon feels threatened by the way the cryptocurrency space is revolutionizing payment systems, said Shark Tank host and billionaire venture capitalist Kevin O'Leary.
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