2018-7-20 18:24 |
This prediction by JPMorgan has been mentioned in an internal report of the American multinational investment bank and financial services company, headquartered in New York City.
Various executives, including the CEO of the company Jamie Dimon, have clearly stated that they believe that cryptocurrency is actually a fraud.
However, the internal report holds an entirely different opinion and is a direct contradiction to the publicly-held opinions of the company related to cryptocurrency.
At this point JPMorgan is still ‘acting’ hard against cryptocurrencies, and it remains to be seen whether JPMorgan will come out in support of cryptocurrencies publicly.
However, one could ask the question if JPMorgan is actually qualified to talk about cryptocurrencies.