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Topic: [2014-01-23] JP Morgan Chase CEO: Bitcoin a “Terrible Store of Value” (Read 2308 times)

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Said Blockbuster to Netflix...
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What a hilarious statement to make. Sounds like someone is having a temper tantrum.

On August 5, 2013 JPMorgan Chase & Co (JPMorgan) filed an application for an electronic mobile payment system which has eerie similarities to the popular online currency Bitcoin. Unfortunately for JPMorgan, all of the claims, totaling 175 claims, as of October 18, 2013, for published US patent application 20130317984 (the ‘984 application) have been either cancelled or rejected.

http://www.zerohedge.com/news/2013-12-15/jpmorgans-bitcoin-alternative-patent-rejected-175-times
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