Original | Odaily
Author | Golem
This week, BTC price broke through $110,000, setting a new historical high, reaching a peak of $111,963. Currently, BTC market value 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. The Strategy company, which has continuously purchased and held 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 high point, you're missing a great opportunity."
However, while reviewing BTC's glorious journey, many notable figures have been biased, believing BTC has no value. Today, BTC has once again slapped these people 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, maintaining the specified translations and capturing the original text's tone and meaning.]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 harsh words about BTC, JPMorgan still performed a "true fragrance" act. On May 19, 2025, Jamie Dimon stated that although he is not a "fan" of BTC, he will allow clients to purchase BTC but will not provide custody services.
In fact, as early as 2021, Jamie Dimon had expressed a similar view: advising investors to stay away from BTC, but if BTC is subject to more regulation, JPMorgan can provide BTC-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 and so on. I won't tell people how to spend money, regardless of my personal views on what people might buy with their own 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 BTC 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 because he believes BTC has no value."
How Much is Human Freedom Worth?
However, the BlackRock CEO changed his view on BTC in 2023. In July 2023, he said on a Fox Business program that BTC is like digital gold. In March 2024, when a CNBC reporter asked "How much do you think BTC is worth?", Larry Fink responded, "How much is human freedom worth?" Larry Fink, true to his Old money background, directly elevated BTC's value to the realm of 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 BTC is legitimate, and it can bring returns unrelated to traditional assets."
In March 2025, Larry Fink stated that BTC price is expected to rise to $500,000 to $700,000.
Jack Ma: Blockchain is Not a Bubble, But BTC Is
Chinese entrepreneur Jack Ma's stance on BTC is not particularly positive. In November 2017, Jack Ma stated at an event: "I'm not very interested in BTC. We have a team researching blockchain, but BTC is not something I want to do, and we don't focus on BTC."
At the Second World Intelligence Conference in Tianjin in May 2018, Jack Ma said, "Blockchain is not a bubble, but BTC is a bubble - BTC 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 BTC.
Lang Xianping: I Won't Accept BTC Even If You Give It to Me
Independent economic commentator and former host of "Financial Perspective" Lang Xianping stated in a Guangdong Satellite TV program in 2014, "If you give me BTC, I won't accept it. To me, this thing is meaningless and has no value." Thus, a classic meme was born.
Four years later, in January 2018, during a media special report on Lang Xianping's "I won't accept BTC even if you give it to me", he reinforced his stance, viewing BTC as a "phantom" and "speculative bubble", and cited Buffett's "stay away from BTC" warning about risks.
Summary: BTC is the Religion of a New Era
BTC, which began with a string of code in 2008, has gone through many ups and downs and finally declared its immortality to the world with a new price high this week. Those who sailed with doubt as their flag can only lower their sails in the face of its rise. Each new high of BTC is a gentle mockery of "bubble theory" and "zero hypothesis" - price is truth, numbers forge belief.
Perhaps BTC 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 BTC opponents, no matter how high the price or strong the consensus, they may not be able to change the thorn in their heart. However, "one generation will grow old, but there will always be young people", and the ranks of BTC believers will only grow stronger in the future.
