2026-01-21 01:11:02

#Strategy加仓BTC 🔥The two-faced people on Wall Street: Why does JPMorgan both criticize Bitcoin and develop blockchain?

They say $BTC is a scam, then turn around and promote their own JPM Coin—this trick has been played in the financial world for a hundred years. Back in the day, railroad giants criticized automobiles; today, Wall Street criticizes decentralization. The essence hasn't changed.

JPMorgan isn't afraid of Bitcoin itself; they're afraid of what it represents—bypassing banks, global direct payments, trust through code. If any of these three become a reality, the intermediary privileges behind $3 trillion in assets are finished.

Here's an interesting point: JPM was once the biggest backer of the crypto market, but as regulatory threats appeared, they immediately ran away; the CEO calls it "rat poison" while praising their "smart invention" in the annual report; on the surface, they criticize fiercely, but secretly, their blockchain department has never stopped hiring.

This isn't just dislike; it's naked fear—fear of being left behind by the times, fear of the advantages of centralization being eliminated.

So the truth about JPM Coin is: rather than oppose decentralization, it's better to control that chain itself. The problem is, when anyone can issue tokens and keep records, what do banks rely on to maintain their intermediary position? The prosperity of the $SOL ecosystem and the activity of $AXS have already given the answer—old rules are being rewritten.

Who will win this game in the end? See the comments for the real story.

BTC-2.12%

SOL-0.96%

AXS18.12%

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DeFiCaffeinator

· 9h ago

JPMorgan's move is really impressive. They criticize Bitcoin as rat poison, then turn around and issue their own coin—it's classic wanting it all. Basically, they're afraid of being left behind by the times, too afraid to take a gamble, and can't afford to.

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DAOdreamer

· 9h ago

JPMorgan's double standards are truly impressive, showing a hard mouth but a soft heart all too clearly. Saying BTC is a scam, then turning around and launching JPM Coin—it's a classic case of wanting to have it both ways. They're not really afraid of the currency itself, but of losing that intermediary layer. Banks are indeed having a tough time.

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MultiSigFailMaster

· 9h ago

JPMorgan's double standard act, to put it plainly, is just afraid of being eliminated. On one hand, they criticize BTC as rat poison, while secretly deploying blockchain technology—typical of wanting everything both ways. The fear of financial giants is written all over their faces; the day they bypass banks will be their end.

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DEXRobinHood

· 9h ago

JPMorgan's double standard act is really impressive. They criticize BTC as a scam but then turn around and create JPM Coin—it's a classic case of "wanting it all." Basically, they're afraid of being left behind by the times, wanting to control the chain themselves but not willing to relinquish power. What's the point of such centralized coins? They will eventually be overwhelmed by the wave of decentralization.

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