JP Morgan Chase are participating in 5 categories of cryptocurrency. Jamie lies!

[tranthidung]

Coming months are interesting even unpredictable.

I am not Trump fan and I feel funny to see him trying to talk about his many plans for Trump 2.0 presidency.

This news, is interesting and matched with this topic discussion.

Trump could pick Jamie Dimon for Treasury secretary if he will be elected.

Jamie Dimon, talked many shits about Bitcoin in the past but report from BitWise shows that JP Morgan Chase bank did oppositely with what its CEO said.

Trust Trump, trust Jamie, you choose. I am not fan of Biden too. 

[Alpha Marine]

I think it was yesterday when I said I don't take the words of a politician too seriously. I can say the same about a businessman, especially a businessman who's a billionaire.  They're the same with politicians. You can't be a billionaire in the financial industry without playing one form of politics or the other. These people only look out for what would benefit them and their company. For a politician, it's him and his party. When these people form opinions, it shouldn't be like the words of a god, they're just humans who are only looking out for themselves too. They'll do anything for themselves.

Their opinion changes with the tides, they just want to be on the winning side or the favourable side, they're humans, who also make mistakes and have greedy agendas just like anyone else.

[C10H15N]

Rule #1: Always follow the money. The money NEVER lies.

The people after the money are a different story entirely.  They will lie about everything. 

[Lucius]

Does anyone else believe the public statements of such individuals (who have a vested interest in misinforming the broad masses, thanks to which he increases his capital)? You don’t need to listen to what they say, but you need to look at what they do (1st post in this topic confirming JP Morgan Chase engaged in cryptocurrency market).
With bankers (as with women) you need to do everything the other way around. They said that bitcoin is "bad" - it's time to buy it.
~snip~

It always seemed to me that Jamie was expressing his personal beliefs about BTC, but personally and professionally they don't always have to be on the same page. The bank he heads may have completely different interests and priorities than what he personally thinks about something.

After all, if I personally (and I believe many of us here) had listened to some famous people or our friends and acquaintances who spoke badly about BTC, we would very likely not be a part of this story today. Therefore, it is always important to listen to yourself and be persistent in checking the facts, because some people say something out of ignorance, some others out of pure malice.

[tranthidung]

It always seemed to me that Jamie was expressing his personal beliefs about BTC, but personally and professionally they don't always have to be on the same page. The bank he heads may have completely different interests and priorities than what he personally thinks about something.

After all, if I personally (and I believe many of us here) had listened to some famous people or our friends and acquaintances who spoke badly about BTC, we would very likely not be a part of this story today. Therefore, it is always important to listen to yourself and be persistent in checking the facts, because some people say something out of ignorance, some others out of pure malice.

I don't see it normally.

A CEO of a bank says thing against Bitcoin and cryptocurrency market but his bank opens gate for it, very friendly. It must be an internal consensus from the bank's board members to allow Jamie to say so. If it is one time, it can be his personal opinion and mistake to say it oppositely than approach of the bank on product development. But if it is repeated many times, I don't believe it's only from Jamie's side.

It's weird when your company provides product that is not recommended by you as the company CEO.

[Lucius]

~snip~
It's weird when your company provides product that is not recommended by you as the company CEO.

Everything is possible in a world where money and profit are the only things that matter. According to what we read these days, this same Jamie should become secretary of the Department of Treasury if Trump wins, and I don't think he will think differently about Bitcoin from that position.

To me that Jamie is completely irrelevant when it comes to Bitcoin, but in today's world people bow to the power he represents, it's just a shame that people who have anything to do with Bitcoin do.

[TheUltraElite]

Coming months are interesting even unpredictable.

Like I said in another thread, Trump has his own agenda regarding bitcoin. Jamie Dimon might not seem open to crypto but their company is already invested in crypto. This is weird and we can never know for sure the reason behind this.

In all probability, the post that Trump gives Dimon, will have something or other to do with money and that would indirectly involve cryptocurrency.

I know one thing for sure - politicians change their opinion like chameleons change their colours. Maybe Jamie will also do the same and be pro-crypto, but if Trump is anti then Dimon will continue and be anti-crypto. They lines will be congruent.

[tranthidung]

According to what we read these days, this same Jamie should become secretary of the Department of Treasury if Trump wins, and I don't think he will think differently about Bitcoin from that position.

To me that Jamie is completely irrelevant when it comes to Bitcoin

Trump and Jamie if becomes the next President and Secretary of Department of Treasury, will have to rely on on other people to execute many things they want to do. No single person in the USA. can decide all things there and I see time for person like Henry Kissinger gone.

I know one thing for sure - politicians change their opinion like chameleons change their colours. Maybe Jamie will also do the same and be pro-crypto, but if Trump is anti then Dimon will continue and be anti-crypto. They lines will be congruent.

Politicians, businessmen, entrepreneurs can change their opinion and business developmental strategies with time. To succeed, they are smart and adaptive people, and if they can not adapt with new trends, their companies will soon be taken over by competitors.

Nokia, Kodak are examples outside cryptocurrency market and in this market, some examples are Poloniex, Bittrex, Grayscale.

JP Morgan Chase as business must be adaptive well, else they will lose customers and their top position. Jamie Dimon can feel hard to change words on his own opinion, or he simply wants to hide his actual thinking, but for the business, he must do right things.

[tread93]

The table screenshot is taken from Bitwise's Crypto Market Review Q4 2023. You can click on the link to download the report. If you only need to read an abstract of it, read there.

JPMorgan Chase is an institution which are participating in all categories: Crypto Trading and Custody, Private Crypto Funds, Crypto ETFs, Crypto-Enabled Payments, Tokenization.

By pointing this out, I would like to show you how deep JP Morgan Chase engaged in cryptocurrency market so that you can see how their CEO Jamie Dimon told us something oppositely. He lies, the table shows that.

It’s honestly wild they can get away with saying all that stuff it’s clear market manipulation and they have been doing it for years! SMH lol. It’s just such a loosely regulated space so that’s probably how he has been able to get away with it plus guarantee all their banker friends have been in on the manipulation game to make money off of it lol.