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JPMorgan CEO Jamie Dimon: 2017: “It’s a fraud.” 2017: “Worse than the tulip bubble.” 2018: “Be careful.” 2021: “Personally, I think Bitcoin is worthless.” 2022: “They’re decentralized Ponzi schemes.” 2023: “Bitcoin itself is an inflated fraud.” 2023: “If I were the government, I’d shut it down.” 2023: “When Bitcoin reaches 21 million, Satoshi will show up and laugh at everyone.” 2024: “I call it a pet rock.” 2024: “Satoshi will show up, laugh hysterically... and all of Bitcoin will be erased.” 2024: JPMorgan becomes one of the first institutions to be authorized to support BlackRock’s Bitcoin ETF. 2026: JPMorgan concludes that Bitcoin could outperform U.S. equities and gold over the next decade.

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