When bitcoin started to build its foundation, Critics were piling-up and prophesying its end. They understimate the potential of bitcoin in the world's economic arena. Currently, Bitcoin penetrates into businesses and even huge companies convinced to join the bandwagon going to the future of currency evolution.
One of the hard-hitting critic of bitcoin was Jamie Dimon, who is the head of JPMorgan Chase , one of the largest American Banks. He does not only hate Bitcoin but also he thinks that it's a bubble and a fraud. He even threatened to fire anyone who thinks of using cryptocurrencies. He stresses that anyone using Bitcoin is a crook, stupid and they're probably from North Korea. He is just simply a bitcoin persecutor, he hits not only bitcoin but also those who are using it.
Recent news from The Wall Street Journal says that JPMorgan Chase is now heavily considering to offer its clients access to the CME Bitcoin futures market through their own futures platform essentially increasing the reach of Bitcoin through traditional markets. Jamie was so dramatically outspoken and there was a point where he was talking about it every single day and kept on saying that he didn't care cryptocurrencies and then suddenly he's doing all this stuff. It's funny how people can change their tone when money is involved and they realized that they've been incorrect from the beginning. He's just upset that he didn't get into Bitcoin at $10 like so many other heavy investors.
This will give a great impact on bitcoin when those big names of business world will engage in cryptocurrencies. Surely, the bitcoin price will skyrocket as never been before and this will encourage other businesses to join the crowd of cryptonians and there making bitcoin as the major component of world's economy.
