Another gateway opens for crypto to traditional financial system.
Good to hear this one is here.
Oh yes, Mr “If any of my employees buy Bitcoin, they are fired” Jamie Dimon.
The guy is full of it. What they are creating is not anywhere close to a blockchain solution. They are calling it a “coin” and saying the word “blockchain” to gain trust. But in reality, it is nothing more than digital fiat transfers which already exist. I wouldn’t listen to that man any longer than I could throw him in feet/meters.
He’s just another old establishment leader saying one thing and doing another.
Hey, at the end of the day it screams: Blockchain is here to stay. UNLESS it is part of a plot to discredit Bitcoin! Coca cola launched a clear product under a “diet” guise to tank one of Pepsis products and it actually worked. It was like a kamekazi mission.
Even nowadays so few people know more than the name ‘Bitcoin’, so I think any publicity is still good publicity.
Even if this is a lame attempt to rebrand or defame Bitcoin / Alts, I believe the side effect of providing more exposure to crypto will ultimately be beneficial.