[2015-03-03] TNW: Why Bitcoin is changing how banks do business

[pawel7777]

http://thenextweb.com/insider/2015/03/03/why-bitcoin-is-changing-how-banks-do-business/

Last weekend JPMorgan Chase & Co., the largest bank in the United States, published a job opportunity for an associate at its New York branch. One of the requirements was an, “opinion on bitcoin and other cryptocurrencies.” The bank has since deleted the remark, but the Wall Street Journal managed to write about it before JPMorgan could delete it.

The cover-up marks a radical change in how banks now see the enfant terrible of currencies. JPMorgan’s CEO Jamie Dimon dismissed Bitcoin as a, “terrible store of value. It could be replicated over and over. It doesn’t have the standing of a government. […] And honestly, a lot of it — what I’ve read from you guys — a lot of it is being used for illicit purposes.”
...

[unamis76]

Here come these banking guys again arguing things that do not make any sense

How much of their beloved fiat is counterfeit? How much of it is used to steal or traffic?

As for the news, yes, Banks are processing transactions for people who want to send fiat to exchanges... So I guess it does change their business, indirectly

[okthen]

Hahaha but really, "opinion" on bitcoin?
That's a ridiculous requirement. Anyone can have an opinion on bitcoin just by reading the news. What they need is someone with deep knowledge of cryptocurrencies.