I think there are many of my friends who say that what will be done by JP Morgan will only be the next shitcoin.
Chances are, it won't even make to grade to qualify as a shitcoin. You can hold your own private keys for most shitcoins. You can choose to mine them/stake them/whatever the issuance model is if you like. You can usually view the source code. But you probably won't be able to do any of those things with whatever it is J P Morgan are making. It's unlikely to meet any definition of crypto "coin" you might recognise.
Yeah i agree but the tag of JPM has to count for something though especially for those people who aren't that well versed in the market yet. Ripple for me would still be better but if jp morgan puts in big money in their project, it may follow xrp's steps regardless of what long time crypto users think.