From nay to yay: JPMorgan’s path to crypto could shake up finance

[Dociko]

After bashing Bitcoin back in 2017, JPMorgan CEO Jamie Dimon seems to have softened his stance on crypto, and so has the firm itself. JPMorgan Chase’s constant love-hate relationship with cryptocurrency has been a fascinating one to observe over the years, especially since the digital asset sector started exploding at the start of 2021. To put things into perspective, between February and April, the total market capitalization of the space doubled from $1 trillion to $2 trillion.
Source: Cointelegraph

[TomPluz]

We are talking here of bankers and with these people there is only one rule: MAKE MONEY! And that is the biggest reason why a highly hated personality by cryptocurrency supporters became a big supporter of something he was then criticizing strongly. Such a turnaround is akin to a politician who can easily change his position depending on where his interest is suited. I used to be hating Jamie Dimon not because I know him personally but because of his many baseless and uncalled-for remarks against Bitcoin. Now, he is embracing Bitcoin with all his heart because he fully realized that it is actually unstoppable and he better join the party or lose a chance to be a leading participant in this expanding cryptocurrency space. Now, he is no more the "demon" of cryptocurrency but maybe a "darling" I would say. Sweet love.