“I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin,” he said
So what he means here is that he still don't think you should engage in Bitcoin but he supports people's rights to do so. That's a typical business man quotes.
But really we don't need him to defend our rights in any way infact banks getting involved in crypto-currency may leave a dent in the anonymity, privacy and decentralized nature of Crypto-currency.
And even if that was the only way to buy Bitcoin I won't definitely patronize JP Morgan because chances of things going wrong a high because their CEO still has resentment against Bitcoin. Everyone has to be careful out there.
The case of JP Morgan tolerating Bitcoin is not surprising, it's like what they say "if you can't beat them you join them" their CEO clearly don't have much choice because Bitcoin has gone mainstream. I won't be too surprised if Jamie Dimon, comes out tomorrow to sing the praises of Bitcoin like other notable haters have done but I guess that his pride won't let him to openly give Bitcoin a deserving thumbs up. He is a business man and he knows that investors now knows the potentials of Bitcoin so won't like to be left behind. Bitcoin is decentralized and left for me alone I don't think that I will like to affiliate mine with any banks or centralized institutions, except to convert it in a CEX.