{"id":6536,"date":"2021-02-16T12:34:18","date_gmt":"2021-02-16T10:34:18","guid":{"rendered":"https:\/\/wegreece.com.gr\/?p=6536"},"modified":"2021-02-16T12:34:18","modified_gmt":"2021-02-16T10:34:18","slug":"jp-morgans-turn-for-bitcoin","status":"publish","type":"post","link":"https:\/\/wegreece.com.gr\/en\/jp-morgans-turn-for-bitcoin\/","title":{"rendered":"JP Morgan’s turn for bitcoin: We have to get involved, we were wrong"},"content":{"rendered":"“When will we finally get involved in the cryptocurrency market?”<\/em><\/strong> asked global market leader Troy Rohrbaugh \nFour years after JP Morgan CEO Jamie Dimon called bitcoin a “scam”, adding that any of the company’s traders involved in cryptocurrency trading would be fired. bitcoin was wrong: \n“If a product of time develops a category of assets that can be exploited by different asset managers and investors, we should participate.”<\/em><\/strong> \nIn particular, CNBC reported that last month, during a meeting held for thousands of JPMorgan Chase traders around the world, Global Market Manager Troy Rohrbaugh asked the following question: \n“When will we get involved in the cryptocurrency market? Demand is not where we want it to be yet, but I’m sure it will be at some point.”<\/em><\/strong><\/p>\n
<\/p>\n
It is noted that JPMorgan has already failed four times to hit bitcoin.<\/p>\n
<\/p>\n
However, JP Morgan is not the only bank that will be forced to face the new reality of decentralized financing and cryptocurrencies. \nAccording to CNBC, Goldman Sachs organized a private forum with Mike Novogratz, CEO-founder of the cryptographic company Galaxy Digital, for employees and customers. \nNovogratz made explanations for bitcoin, ethereum and other currencies.<\/p>\n