JPMorgan CEO: Bitcoin is Fraud. Reuters in 2013: JPMorgan Fined $13 Billion For Fraudulent Mortgages.

It seems pretty ridiculous and hypocritical, if not comical that J.P Morgan's CEO think he has any ground to stand on calling Bitcoin a fraud or taking a ethical stand. Every year J.P Morgan makes billions of dollars off of "creative" complicated investments that really have no more backing then crypto currencies. Relying on government bailouts, and investments backed by nothing other then calculated risk.

http://www.reuters.com/article/us-jpmorgan-settlement/jpmorgan-agrees-13-billion-settlement-with-u-s-over-bad-mortgages-idUSBRE9AI0OA20131120