So is this basically another crypto-currency w/ the same accounting capabilities as bitcoin, except centralized by the bank?
+1
If people are smart, they should not support such a thing.
Banks cause the 2007-2009 financial crisis.
Banks got big 800 billion plus bail out from U.S government courtesy of American Taxpayers money
Banks can't be trusted (moral hazard)
Damn, if I would let a bank manage a crypto currency.
Hi, if what you - and most of the people in this troll thread - are saying made any sense at all, people would have "willfully not supported" chase and closed them down years ago.
chase already has quickpay.
chase already offers wires - now they can do their own secure wiring and transfering.
it isn't "lol a new coin how do i mine it," its the beginning of b2b massive institutions taking over.
People don't exactly have much of a choice, and further, this will look like a great new feature to those who don't give a shit at all, and use chase. just like quickpay was. but yes, rabble rabble "chase isn't a worldwide presence (LOL? rockefeller, rothschild, morgan family isn't a worldwide presence? OOOK)" and "chase doesn't even matter." Sure, lets not compare the hundreds of millions of investors and users of jpmchase with the maybe tens/hundreds of thousands btc users err, i mean speculators?
The most important part of this is not if it is provable that bitcoin came first, its "hey, where's the process or utility patent for bitcoin?" Oh, I guess that's the 'beauty' of no owner or no claim to this huh?
How about people read a real website instead of foxnews (republican bullshit site)
http://www.businessinsider.com/debunking-jp-morgan-bitcoin-2013-12This patent has almost zero similarity to bitcoin.
they want to turn
http://static5.businessinsider.com/image/52a78803eab8ea2b3bab727f-833-661/jpm%20digital%202.png into
http://static1.businessinsider.com/image/52a787c4eab8ea5331ab7283-807-627/jpm%20digital%203.pngTLDR: don't click 'foxnews' websites and spread their garbage around.
