It’s no secret that JPMorgan’s CEO, Jamie Dimon, has a deeply held dislike towards Bitcoin, and in a recent interview with the Harvard Business Review Dimon doubled down on his previous comments.

When asked a question regarding cryptocurrency, Dimon initially tried to avoid answering the question, saying “I probably shouldn’t talk about cryptocurrency.” Even after dismissing the question, Dimon proceeded to bash cryptocurrencies, saying:

“I probably shouldn’t say any more about cryptocurrency. But it’s not the same as gold or fiat currencies. Those are supported by law, police, courts. They’re not replicable, and there are strictures on them. Blockchain, on the other hand, is real. We’re testing it and will use it for a whole lot of things.”

Dimon’s recent statements are consistent with his stance of being anti-Bitcoin but pro-blockchain. He has been against Bitcoin and cryptocurrencies for a while, initially dismissing them as “worth nothing” and even going as far to call Bitcoin a “fraud.”

In June, Dimon and Warren Buffet were asked a question during a joint interview on CNBC, in which the host asked the pair “Which one of you hates bitcoin more?”

Buffett responded by saying he sets “high standards” for investments, a far more tempered comment than his previous Bitcoin jabs, where he used terms like “rat poison squared.” Dimon responded to the host, saying:

“I don’t want to be a bitcoin spokesman, you know. Just beware.”

In recent times, Dimon has walked back some of his Bitcoin attacks, leading many cryptocurrency enthusiasts to believe he is switching tones on the subject. His recent comments prove otherwise. Regardless of Dimon’s opinions on Bitcoin, JPMorgan has been taking serious actions to enter the industry. Recent reports demonstrated that the bank has tasked the head of its fintech program with researching how the bank can develop cryptocurrency investment strategies for its clients.

Dimon’s comments against Bitcoin also come after the bank cited cryptocurrencies as a threat to its business model, saying:

“Financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation.”

JPMorgan’s future actions will speak to Dimon’s true opinions on the future risks that cryptocurrencies pose to the banking industry.