Before they said this they were speaking that Bitcoin and everything related to crypto is fraud, now they say this "Cryptocurrency was supposed to replace banks in the long run". Never liked the at all but This could influence in current price on market, they are good on what they do after. Or this could be some marketing trick for JPM for there own blockchain platform. As they say it will be backed up with diamond and gold but if will be only for business customers.
Not many lines or articles are online for the moment but hopefully it will be in next few hours or days
Backed up with diamond and gold or whatever, controlled or centralized cyrptos will be worst, the own blockchain will kill the concept of cryptos. I hope it will not going to capture public attention.
I don't appreciate the idea and specially this one.
As they say it will be backed up with diamond and gold but if will be only for business customers.
