TLDR
JPMorgan Global Markets Strategy last Friday published a research note touting Bitcoin as the alternative of gold for the millennials and predicting to potentially double or even triple the price. Ironically, only a few years ago JPMorgan CEO Jamie Dimon famously called Bitcoin a "fraud". Why did the major US bank make such a drastic shift in its view on Bitcoin? It was in part triggered by a major movement earlier in the week. via the TL;DR App
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Written by charliecliu | Co-Founder & COO @ Sora Union
ex-Strike, Adyen, Franklin Templeton
