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RE: JP Morgan To Launch Their Own Shitcoin!
I've been saying to non crypto friends for a while when I get that 'long look and shake of the head' moment, "the powers that be will either get on board with Blockchain tech... Or try and appropriate it."
My biggest worry is that mainstream people won't educate themselves to the freedom they can find through using BTC and other 'real' cryptocurrencies. I worry that business especially will see the likes of JPM shitcoin as somehow more secure.
Only time will tell what's gonna happen with this development.
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nvestor education is a long and continuous process. Most people atleast know there is more to investing (stocks etc) than saving in a fixed deposit account, buying gold or real estate in current times. Hopefully in the years to come there will be greater liquidity and stability in prices bringing more mainstream users onboard to cryptocurrencies instead of a handful of users.