My coronary heart sank final week once I learn that JPMorgan Chase was wanting into lending towards shoppers’ cryptocurrency holdings, though all of us knew the day was coming when crypto would make its method into the actual financial system.
Bitcoin, one in every of the digital property banks might lend towards, has been practically 4 instances as unstable as main indices since 2020. It has additionally had ties to terror funding, and I’ve but to learn something that made me assume it’s greater than a software for speculators and criminals.
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Monetary Occasions