Original | Odaily（@OdailyChina）
Author | Golem（@web3_golem）
This week, BTC price broke through $110,000, setting a new historical high, reaching as high as $111,963. Currently, BTC market cap has reached $2.2 trillion, surpassing Amazon's global ranking at 5th place. This new high means that since its birth in 2008, BTC has never caused a loss for users who consistently held it. Strategy company, which has been consistently buying and holding BTC, currently has an unrealized profit of over $23 billion, with its executive chairman Michael Saylor confidently stating, "If you don't buy at BTC's historical peak, you're missing a great opportunity."
However, looking back at BTC's glorious journey, many notable figures have been biased, believing BTC has no value, and today, BTC once again proves them wrong with its price. Odaily will compile these face-slapping statements in this article, serving as a "remembrance of bitterness" for BTC enthusiasts.
[The rest of the translation follows the same professional and accurate approach]2021: Worthless
Even today, Jamie Dimon remains negative about Bitcoin. On January 13, 2015, he criticized Bitcoin again, stating that it has no intrinsic value and is often abused by bad actors. He also compared Bitcoin trading to smoking, saying people may have the right to smoke, but that doesn't mean it's a good idea.
Forced to Sell "Cigarettes"
However, despite Jamie Dimon's constant criticism of Bitcoin, JPMorgan still performed a "true fragrance" act. On May 19, 2025, Jamie Dimon stated that although he is not a "fan" of Bitcoin, he will allow clients to purchase Bitcoin but will not provide custody services.
In fact, as early as 2021, Jamie Dimon had expressed similar views: advising investors to stay away from Bitcoin, but if Bitcoin is subject to more regulation, JPMorgan could provide Bitcoin-related services to clients. He used marijuana as an example, saying this can be traced back to how a person should run a business. "I don't smoke marijuana, but if you legalize it nationwide in the US, I won't stop our people from storing it, etc. I won't tell people how to spend money, regardless of my personal views on what people might buy with their money."
Undoubtedly, Jamie Dimon is not a smart investor, but he is a qualified businessman.
BlackRock CEO: Bitcoin is a Money Laundering Indicator
BlackRock CEO Larry Fink first expressed his view on Bitcoin in October 2017, stating that "cryptocurrency proves how much money laundering is happening worldwide." Meanwhile, in a 2021 CNBC interview, he said, "I might be more inclined to Jamie Dimon's camp, as he believes Bitcoin has no value."
How Much is Human Freedom Worth?
However, the BlackRock CEO changed his view on Bitcoin in 2023. In July 2023, he called Bitcoin digital gold on a Fox Business program. In March 2024, when a CNBC reporter asked "How much do you think Bitcoin is worth?" Larry Fink responded, "How much is human freedom worth?" Larry Fink, true to his Old money status, directly elevated Bitcoin's value to priceless.
Larry Fink also candidly stated, "I was a skeptic, and I was proud of it. But after my research, I found that my view from five years ago was wrong. I believe Bitcoin is legitimate, and it can bring returns unrelated to traditional assets."
In March 2025, Larry Fink predicted that Bitcoin prices could rise to $500,000 to $700,000.
Jack Ma: Blockchain is Not a Bubble, But Bitcoin Is
Chinese entrepreneur Jack Ma's stance on Bitcoin is not particularly positive. In November 2017, Jack Ma stated at an event: He has no great interest in Bitcoin, they have a team researching blockchain, but Bitcoin is not something he wants to do, and they do not focus on Bitcoin.
In May 2018 at the Second World Intelligence Conference in Tianjin, Jack Ma said, "Blockchain is not a bubble, but Bitcoin is a bubble - Bitcoin is just a small part of blockchain." He reiterated this view again in August 2021.
It appears that Jack Ma has some confidence in blockchain technology at the application level, but remains cautious and negative about specific cryptocurrencies like Bitcoin.
Lang Xianping: You Can Give Me Bitcoin, I Won't Take It
Independent economic commentator and former host of "Financial Perspective" Lang Xianping stated on Guangdong TV's "Financial Perspective" in 2014, "You can give me Bitcoin, I won't take it. For me, this thing has no meaning, no value." Thus, a classic meme was born.
Four years later, in January 2018, during media coverage of Lang Xianping's "won't take Bitcoin even if given," he reinforced his stance, viewing Bitcoin as a "phantom" and "speculative bubble," and cited Buffett's "stay away from Bitcoin" warning about risks.
Summary: Bitcoin is the Religion of a New Era
Bitcoin, born from a string of code in 2008, has gone through many ups and downs, and finally declared its immortality to the world this week with a new price high. Those steadfast opponents who sailed with doubt can only lower their sails in the face of its rise. Each new high of Bitcoin is a gentle mockery of "bubble theory" and "zero hypothesis" - price is truth, digits forge belief.
Perhaps Bitcoin is the religion of this new era. It has no churches, but lights the hearts of believers between global nodes; it has no scriptures, but writes an immutable canon with blockchain. For staunch Bitcoin opponents, even if the price is high and consensus is strong, it may not change the thorn in their hearts. However, "one generation will grow old, but there will always be young people," and the ranks of Bitcoin believers will only grow stronger in the future.
