JP Morgan Chase Fears Crypto Is Disruptive Competition (

Perhaps cryptocurrency’s largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there appears to be proof the legacy bank is threatened by decentralized currency in digital form, according to an internal annual report.
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JPMorgan Chase Admits Cryptocurrency Is a 'Risk' to its Business for the First Time

Despite JPMorgan Chase CEO Jamie Dimon having called Bitcoin a “fraud,” the big bank is now taking cryptocurrency very seriously—acknowledging the blockchain-based technology as a veritable threat to its future. In JPMorgan Chase's annual report, released Tuesday afternoon, the bank counted …
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On vacation & Chase shut down all my accounts (multiple credit cards, debit, & checking). Doesn’t matter because I have Bitcoin

Called Chase FORTY SEVEN FUCKING TIMES this week. Was told this would not happen anymore after talking to multiple supervisors in six different departments. Then they shut down everything, no notice, no contact. On hold for an hour, they can't help me, won't even tell me why. Transferred Bitcoin into my pocket securely & instantly in two clicks for pennies. This is why Bitcoin is & will continue to shove their fucking shit in. It's seven fucking degrees outside where do they expect me to sleep. Thank god for Expedia accepting BTC directly.

submitted by /u/ProudDairyCow
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