JPMorgan is launching its own cryptocurrency - page 3.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

Quote from: Oceat on February 22, 2019, 08:45:53 AM

Quote

https://www.ccn.com/jp-morgans-fake-cryptocurrency-is-boosting-bitcoin-price

Reading that article makes me laugh because i don't know if it is real or nah, they were just part of it trying to catch someone's attention again. lol

Guess it's settled that it's no crypto but more like their own internal blockchain. Not surprised that they saw the benefit. Still pretty hilarious after all this guy said to diss bitcoin and cryptos in general.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: slocker on February 22, 2019, 04:49:45 AM

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.

Finally, after making a story of claiming that he is Satoshi finally show the real colors of making a scene.
This is what I'm talking about why he keeps claiming without valid proof to show to the people.

Quote

https://www.ccn.com/jp-morgans-fake-cryptocurrency-is-boosting-bitcoin-price

Reading that article makes me laugh because i don't know if it is real or nah, they were just part of it trying to catch someone's attention again. lol

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Actually we have too many threads about this, if you have seen those threads on Press you don't need to create this one.

(https://bitcointalksearch.org/topic/2019-02-17-jpmorgan-is-launching-its-own-bank-backed-coin-5110848)
(https://bitcointalksearch.org/topic/2019-02-21cryptocurrency-blockchain-arms-race-triggered-by-jpmorgan-5112753)

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: slocker on February 22, 2019, 04:49:45 AM

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

Where did you get that from?

Not that I assert they couldn't do that (technically speaking), I just don't see any sense in this effort. If they wanted to create private money (which as I suspect would be outright illegal in most jurisdictions around the world) backed up by hard assets like gold, diamonds or whatever, they could just go with receipts or certificates. But in that case they don't need the blockchain technologies as such. So what's the point? Are they riding the buzz or what?

slocker

full member

Activity: 490

Merit: 134

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.

Topic: JPMorgan is launching its own cryptocurrency - page 3. (Read 392 times)