John McAfee on JPMorgan

[Alisa014]

Hi! Guys, what do you think about McAfee commenting on JPM Coin? https://coinedtimes.com/exclusive-john-mcafee-responds-to-jpm-coin-announcement/ Do you think he has relevance to do that and where do you see JPM Coin in the future?

[Jating]

As per the article:

However, when Coined Times asked McAfee whether Dimon was a hypocrite for changing his views on crypto, McAfee was much more moderate in his response. He said JPMorgan’s reason for and strategy behind creating its own crypto “interests me little.”

I would say that John is somewhat right, it doesn't interest anyone in the crypto verse. JPM coin is for their exclusive used only, so it doesn't have any effect on the market whatsoever. I wouldn't say it's crypto as well because anyone couldn't invest on it because it's going to be a private token with private ledger.

[MakeMoneyBtc]

From the informations that exist about  JPM Coin , we can observe that this coin is going to be something different from normal cryptocurrencies like Bitcoin and there are multiple things that prove it. JPM Coin will run on its own blockchain network called Quorum and this means people need permission from JP Morgan in order to use it. This means that JPM Coin will probably be used by larger corporations that are in relation with  JP Morgan’s business.  Also,every coin can be exchanged for 1$ meaning it will be a much a stable coin wich is  totally different from bitcoin or other cryptocurrencies. So, i personally agree with the affirmations McAfee made regarding JPM Coin.

[gentlemand]

where do you see JPM Coin in the future?

Doing bank to bank things in the background much like they do already. That's unless they figure out their existing system is probably good enough and it's a waste of money and effort.

[seven2smoke1]

From the informations that exist about  JPM Coin , we can observe that this coin is going to be something different from normal cryptocurrencies like Bitcoin and there are multiple things that prove it. JPM Coin will run on its own blockchain network called Quorum and this means people need permission from JP Morgan in order to use it. This means that JPM Coin will probably be used by larger corporations that are in relation with  JP Morgan’s business.  Also,every coin can be exchanged for 1$ meaning it will be a much a stable coin wich is  totally different from bitcoin or other cryptocurrencies. So, i personally agree with the affirmations McAfee made regarding JPM Coin.

Hmm, it seems so interesting to have such a good coin like JMP coin. As you said maybe it will be so stable because it will be exchanged for 1$, and also it will have own blockchain network which it is Quorum. That's seems so good, but even it's a good coin it should get be so popular to succeed as John McAfee said:

Their coin only has power if we, the people, choose to endow it with such

So people should support JPC coin to be more powerful and to have more potential. People are the reason of the value of this coin.

[septi.JR]

if they both collaborate to make a project. I think people will be very interested in buying it, especially large investors, because they both have long been in the cryptocurrency world.

[cabron]

McAfee shills a lot of coins of course it benefited him and some of us hate him for that like he is an accomplice for those shitcoin but I'm on his side to this one. I think JMPcoin is up to just scam anyone in the crypto, the coin is just created for them to still have relevance in the future. But without it, Jaime would be forgotten.

[niceboy999]

Keep in mind JP coin not for public it will be use by banks,to make transactions process faster and settle banks deals with it.so far as i hear or seen it will not list on any exchange etc.Nice replies by John McaAfee .i think JP coin will good for their bank and their branches but no benefit to us lol.just Fud around going on,nothing more.

[superstarbtc]

Mcafee doesn't like stable and centralised coins we can expect from his past actions he wont show any interest in stable coins

[btyco]

John mcafee only cares about coins that pay him to shill their project. JPM is an internal coin only, as he can't profit from it he doesn't care and neither should we

[YuginKadoya]

Even though there are just little interest in Mcafee's side regarding Dimon's JPM coins I really think he would like Dimon to reconsider in accepting cryptocurrency more, even though Dimon is very known hated cryptocurrency especially bitcoin why'd he considered making a coin of its own? Even though it is just to fasten up the transaction for JPM I really think there is a digital base that banks are using to make a transaction faster, Well I really think McAfee is very curious about Dimon's move in creating a coin of its own there is something fishy and he has some hidden agenda behind it, In my opinion.

[mrdeposit]

I agree with McAfee. Which side is supported by community, it will develop accordingly. But, I am afraid the community that wants to continue with the decentralized system is more likely, and the result can be poor. Because if you investigate today, you can find more people who do not believe in the decentralized system.

[mindrust]

Don't give him too much attention. Mcafee is a crazy old guy who can say anything just to have some fun. Remember he supports bcash because he is (probably) getting paid by Roger/Jihan for doing so. So anything comes out of his mouth isn't as honest as many people think.

[avikz]

Their coin only has power if we, the people, choose to endow it with such.

This statement has a far deeper meaning that we can think of. That's the power of decentralization and this is something that JPM coin would not devour. I strongly agree with John and his statements related to Jemie.

JPM finally understands that crypto economy is the imminent future and if he doesn't change his stance towards crypto, his business will be doomed sooner than expected.

However, I strongly doubt that JPM coin will be decentralized in nature. Because as a Bank, JPM will try to account every single thing under their own control. But I haven't yet seen their whitepaper and I don't have any technical information about it. So the last paragraph is what I am guessing!

[KingScorpio]

John mcafee only cares about coins that pay him to shill their project. JPM is an internal coin only, as he can't profit from it he doesn't care and neither should we

correct, john mc afee soon will be an ordinary paid and corrupt "crypto" expert

especially once crypto has destroyed the soild which is sustaining his equity wealth, he will become an ordinary trash talker

[boyptc]

John mcafee only cares about coins that pay him to shill their project.

We can't also be sure if he's done with that paid shilling that he did before. Once we go into the bull run again, he's attitude that has been shown before might go back.

[n0ne]

John McAfee have clearly put forth the statement what it is success in the cryptocurrency market. Being the top financial institution it is easy for them to launch their own cryptocurrency. But the success is defined by the people, the same is said by John McAfee. If people begin to support JPM it is a success which takes time to know the reality.

[dearbesz1219]

He said that coin will succeed only if public chooses it. I do not think that JPM coin will be open to everyone, to public. 

[sheenshane]

He said that coin will succeed only if public chooses it. I do not think that JPM coin will be open to everyone, to public. 

JPM coin would be one of the best coin we the consumers ever have(aside from Bitcoin). I agree that the coin powers will remain with people and JPM will help the cryptocurrency gain more power in the future. Even if JPM will be in the industry, I would say it will be great and cryptocurrency will grow more and more and i can tell that it will develop. If everyone will use crypcurrency, it would reach the market and will build a concrete new industry. I would also be more than happy to sit and talk with John McAfee though even they say an old guy and crazy.

[Danslip]

He said that coin will succeed only if public chooses it. I do not think that JPM coin will be open to everyone, to public. 

Public is not going to choose it imo. I also thinks same thing. There is no concrete steps for developing the adoption to new crytpocurrency.