Why should anyone care what Jamie Dimon or any other banker thinks about Bitcoin? It is quite normal that all bankers (or the majority) have a negative opinion about Bitcoin, which is completely opposite to what they do and what they make profits from. Of course, as people who are always looking for ways to make money, bankers will look for ways to profit from Bitcoin, but never in a way that they will treat it as a currency.
I see that most people on this forum live in the illusion that the approval of spot BTC ETFs in the US is a sign that "they", and especially Gensler, think positively about Bitcoin, but the truth is that nothing has changed in this regard.
That's true; the ETF approval doesn't necessarily mean that they suddenly accepted Bitcoin as a currency or as an investment asset. The majority of bankers and politicians are against cryptocurrencies in general, and Bitcoin is not an exception either. Jamie Dimon isn't the first banker to state such an opinion; who is that guy anyway? Why should anyone bother? He's not the first, and he won't be the last either. How I see things is that they at least finally understood that they cannot stop the advancement of Bitcoin; thus, they're trying to have a share of that cake as well.I see that most people on this forum live in the illusion that the approval of spot BTC ETFs in the US is a sign that "they", and especially Gensler, think positively about Bitcoin, but the truth is that nothing has changed in this regard.
Personally, I expected a larger hype due to the ETF approval, which I find a little odd. Although it's still a positive event, if we suppose that it hadn't been approved, Bitcoin would still survive and would continue to progress.
