• Jamie Dimon probably won’t ever be sold on bitcoin.
• He said this week he would defend the right to buy it, but wouldn’t own any himself.
• The JPMorgan head has long been a crypto skeptic, arguing that it finances illegal activities.

Bitcoin’s new record highs can’t break Jamie Dimon’s long-held skepticism of the cryptocurrency.

In comments made at the Australian Financial Review business summit, the JPMorgan chief reiterated concerns that the digital asset empowers unlawful activity, from money laundering to drug trafficking. It also comes with risks for investment-focused buyers.