Bitcoin Forum

Remember few months ago, JPMorgan came up with JPM Coin, and now joining the Blockchain Gold-Trading
Firm Tradewind as CEO. What are your take on the possibility of JPM Coin be a hot cake for cryptocurrency enthusiast?
  
Tradewind, a blockchain-powered marketplace for precious metals, has hired a senior executive from JPMorgan to be the startup’s first-ever CEO.

Tradewind, launched in March 2018 with the goal of putting gold trading on a blockchain, was backed early on by IEX, the stock exchange featured in Michael Lewis’ bestseller “Flash Boys.” IEX’s former head of product Matt Trudeau is a co-founder of Tradewind and served as its president (he is now chief strategy officer at crypto futures exchange ErisX). The startup says it’s using the VaultChain blockchain based on R3’s Corda platform.

Tradewind has secured partnerships with such entities as the Royal Canadian Mint and Asahi Refining, as well as funding by large metal producers like Goldcorp, Agnico Eagle Mines, IAMGOLD and Wheaton Precious Metals. It’s raised a total of $19.6 million, according to Crunchbase.

 JPMorgan Exec Joins Blockchain Gold-Trading Firm Tradewind as CEO  (https://www.coindesk.com/jpmorgan-exec-joins-blockchain-gold-trading-firm-tradewind-as-ceo)

So JPMorgan is now fully in the crypto space after calling bitcoin a scam so many number of times, this is why we always tell people not to care about FUD spreaders because this people don't care about anything but making holders panic sell so that they can buy the coin at a very cheap rate and sell it once the market recovers, but so many people still fails to understand this and still keep falling for this fake news about bitcoin being a scam or bitcoin is going to be dead, we have heard it millions of times already.