I don't care to mince words in this post. First off, Jamie Dimon still does not support or understand Bitcoin. Second, Jamie Dimon is an idiot. Despite being heralded as the smartest guy on Wall Street, JPM is a joke bank (with questionable capitalization) with a joke CEO. Jamie Dimon is 'outspoken'. That's it. He has never been the smartest guy in the room. Being an outspoken SOB, Dimon has panned Bitcoin in the past. And now his turn-around is JPM's own crypto?!? Pardon me, but HAHAHAHHAHAHAHHA!!!!
The basic argument in favor of Bitcoin is akin to the species that Warlock of the New Mutants (Marvel comics) represents (yes, graphic novels of yesteryear). The technology adapts and improves. U got a better idea? OK, good luck protecting that from that open source, first mover adopting that (meritless) improvement.
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read:https://nypost.com/2019/02/14/jamie-dimon-has-gone-from-a-bitcoin-skeptic-to-a-pusher/