Re: JPMorgan Launches JPM Coin, World’s First Bank to Launch Cryptocurrency
Worlds First Cryptocurrency By Bank
Announced on Feb 14, 2019, JPM Coins headline surprised many crypto enthusiasts since, in last few years, the name of JPMorgans Jamie Dimon appears on headline while criticizing the largest cryptocurrency, bitcoin. In fact, CEO Jamie Dimon called Bitcoin as a fraud. However, few Engineers at Bank have rolled a new coin on Banks name which intends to transfer the minimum payment in initial.
Read Here - https://coingape.com/jpmorgan-launches-jpm-coin-first-bank-launch-cryptocurrency/
Announced on Feb 14, 2019, JPM Coins headline surprised many crypto enthusiasts since, in last few years, the name of JPMorgans Jamie Dimon appears on headline while criticizing the largest cryptocurrency, bitcoin. In fact, CEO Jamie Dimon called Bitcoin as a fraud. However, few Engineers at Bank have rolled a new coin on Banks name which intends to transfer the minimum payment in initial.
Read Here - https://coingape.com/jpmorgan-launches-jpm-coin-first-bank-launch-cryptocurrency/
I don't think this is good news for Ripple, apparently they're getting new competition now. Since I am not a fan of Ripple, I will not become a fan of this new bank coin either. It is simply a centralized project again and I hope there will be no hype about this project. I don't see this JPMorgan Coin as an enrichment of the crypto area and I don't need such projects.
