Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency

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Why JP Morgan’s ‘Bitcoin Killer’ isn’t Even a Real Cryptocurrency


JP Morgan Chase, the largest bank in the United States by a long shot, shocked the financial community on Thursday by launching its own blockchain product. For the purpose of this article, JPM Coin will not be referred to as a “cryptocurrency.” JPM CEO Jamie Dimon is a frequent target of derision in the crypto community, owing to his outspoken negativity as regards Bitcoin and the wider crypto markets. Dimon has frequently said that while he’s not a fan of Bitcoin, he believes the blockchain can be a boon to finance. Despite his years-long tirades, JP Morgan has been in

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Posted by P. H. Madore on February 14, 2019 @ https://www.ccn.com/why-jp-morgans-bitcoin-killer-isnt-even-a-real-cryptocurrency

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