This guy is SUCH a hypocrite. I saw this headline yesterday in the news and had to laugh. The banksters are just clamoring to figure out how to capitalize on blockchain but I don't think a centralized coin pegged to the USD will do it for them.
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So true! I forgot to write he's a freakin hypocrite in the post so thanks for mentioning that. Can't believe such morons run banks that control billions of dollars of investor funds.
Haha, my pleasure. I bet Chase was developing this coin the entire time he was crashing the market in 2018 with his FUD in the media. The big banks are SO used to having all the control and power I don't think they took cryptocurrency seriously until that epic late 2017/early 2018 bull run. I can almost bet Chase Bank was acquiring stacks of BTC as well each time Dimon suppressed BTC prices with his negative remarks.
Yeah. They can't fathom some decentralised entity taking away all their powers. I'm hoping this will propel others to move in this direction. Not because we need centralised bankster shitcoins but it will get the word out that cryptocurrencies are here to stay and make it the new business as usual. Certain Banks in India also added to the FUD by suspending customer accounts. These things have to change and hopefully a rebound in prices will improve investor sentiments again bringing more users to the world of Bitcoin and decentralised cryptos.