Quote from: Hydrogen on February 10, 2021, 11:04:29 PM

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While the crypto community expects more large firms to emulate Tesla’s Bitcoin purchase, JPMorgan’s strategists don't think it will happen.

https://cointelegraph.com/news/don-t-expect-large-firms-to-follow-tesla-s-bitcoin-move-jpmorgan-says

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Interesting development:

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Twitter looking into Bitcoin payments for employees

https://www.investing.com/news/cryptocurrency-news/twitter-looking-into-bitcoin-payments-for-employees-says-cfo-2415289

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Does anyone get the feeling JP Morgan is inaccurate here.

The natural scenario appears to be one where most flock to BTC and crypto in the near future. If inflation rises. Prices trend upwards. And concerns about lockdowns coupled with stimulus spending mount. Employees and the private sector will naturally embrace previous metals and BTC in an effort to insulate themselves from negative effects associated with fiat devaluation, inflation and stimulus spending.

I remember a time around 10 years ago when many europeans thought the EU would fail and euro would devalue due to concerns about greece. Many in europe bought big screen TVs and other items, to retain the value of their money, expecting the euro to crash.

I would be interested to know why JP Morgan says history would not repeat itself here.

Hahahahaa, JP Morgan (Jaime Dimon) is so anti bitcoin from the beginning they have to continue down the road of denial. What they say about crypto is completely meaningless, in fact what ever they say will happen id bet on the opposite happening. They just pissy cause they are missing the boat.