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J.P. Morgan CEO Jamie Dimon. Photo by Win McNamee/Getty Images

J.P. Morgan CEO Jamie Dimon has regularly trolled the Bitcoin community, calling it "stupid," a "fraud" and saying that he'd fire any bank employee caught trading it. But today he expressed regrets for making those comments, in an interview with Fox Business News:

"The blockchain is real. You can have cryptodollars and yen and stuff like that. ICOs... The Bitcoin was always to me what the governments are going to feel about Bitcoin when it gets really big. And I just have a different opinion than other people and I'm not that much interested in the subject at all."
— Jamie Dimon

Dimon also says that his daughter once bought some bitcoin at just $11 (which must have been before 2013). It's now valued at over $14,000.

Go deeper

Dave Lawler, author of World
2 hours ago - World

Venezuela's predictable elections herald an uncertain future

The watchful eyes of Hugo Chávez on an election poster in Caracas. Photo: Cristian Hernandez/AFP via Getty

Venezuelans will go to the polls on Sunday, Nicolás Maduro will complete his takeover of the last opposition-held body, and much of the world will refuse to recognize the results.

The big picture: The U.S. and dozens of other countries have backed an opposition boycott of the National Assembly elections on the grounds that — given Maduro's tactics (like tying jobs and welfare benefits to voting), track record, and control of the National Electoral Council — they will be neither free nor fair.

Biden plans to ask public to wear masks for first 100 days in office

Joe Biden. Photo: Mark Makela/Gettu Images

President-elect Joe Biden told CNN on Thursday that he plans to ask the American public to wear face masks for the first 100 days of his presidency.

The big picture: Biden also stated he has asked NIAID director Anthony Fauci to stay on in his current role, serve as a chief medical adviser and be part of his COVID-19 response team when he takes office early next year.