JP

Cold-Operation-4974

i have heard of 2008... I've heard of Thanksgiving bailed out also and I don't remember anybody since 1929 losing money on bank deposits. the other places you mentioned are random crypto exchanges and not an ETF that has to meet certain requirements to trade on the New York Stock Exchange. which is why I trust Fidelity and the New York Stock Exchange infrastructure to store my Bitcoin in an ETF more than I trust some random company that makes some little device, or Binance, or any other exchange. billionaires use coinbase... fidelity uses coinbase and has some way of keeping their keys safe... and some way of tracking how much I've invested into their ETF.  I don't see why I should trust myself to keep my keys safe over a multi-billion dollar institution that has almost 100 years of experience keeping people's money safe.  if coinbase were hacked and 12% of the in the world Bitcoin was stolen... then fidelity would be screwed... and so would all the other Bitcoin ETFs that use coinbase as a custodian.  and the US government would print tons of money to buy back that Bitcoin from other exchanges and bail out coinbase... because that is what the government does to help Rich people.  if I get hacked AKA somebody breaks into my house and steals my piece of steel stamped with 20 word phrase... nobody is bailing me out. also if coinbase is security gets hacked somehow and the 12% of the Bitcoin in the world is lost because coinbase failed to have a secure network I would assume those same amazing hackers would be able to hack and steal everyone elses BTC. (if you can hack JP Morgan and Goldman Sachs you can hack a regional bank in Alabama right?) I can see how somebody in a third world country without access to all this advanced financial infrastructure that the average American has access to... would want to self-custody Bitcoin.  but it seems like to big a risk just for the added security that if the NYSE goes poof one day and we wake up in a mad max scenario... ill still have access to my BTC. TLDR. 2008 wouldn't hurt a bitcoin ETF. 1929 would. and we decided in 2008 that we were the type of society that does not let critical financial institutions fail we rather punish the entire population with inflation for decades by bailing those corporations out so that the rich stay rich.

Cold-Operation-4974

financial institutions in the US dont go bankrupt, they get bailed out.  unlike me if i lose these keys.  hiring an executor sounds complicating and expensive i will look more into multi sig...  all of this is new to me i just bought BTC because the chart was nice and i moved all of it off of coinbase onto ETFs a few years ago because its simple.  i also like seeing all of my investments in one place and nobody has convinced me in any form why keeping my keys myself in an apartment i rent... is safer than trusting Fidelity with it like I trust JP Morgan with my checking account

OkCantaloupe4959

I'd put money on every post here shilling some sort of layer 1. Which is funny. As settlement is the most replaceable part of the blockchain tech stack. Currently 100's+ of public blockchains, and likely a similar number of private bank chains. What will be valuable is the layer between every single one of these chains. Something [JP Morgan](https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html) is already using. And [multiple central banks](https://www.visa.com.sg/content/dam/VCOM/regional/ap/singapore/global-elements/documents/interim-report-e-hkd-pilot-programme-phase-2.pdf) are testing. Or just buy a meme. Whatever.

OkCantaloupe4959

Settlement is the most replaceable part of the tech stat. It could have been absolutely any blockchain/DLT solution. Same tech being used here by JP Morgan. https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html

pickleBoy2021

It’s only big money if people use your coin and you can manage your costs. USDC has some crazy costs so it’s a decent business vs tether. Like anything else it’s about adoption. If I’m a normie business CEO presenting to my board options. You want to protect your job, your fat stock options, and your plane. We have PayPal, USDC, JP Morgan, Stripe, USDT, future bank, Trump, and Xrp. As board member, CEO, senior exec the company with the confusing lawsuit sounds just like another player that’s in the mix but has not scaled anything.

never_safe_for_life

“Backing” generally means won’t lose value because the thing behind it can’t be produced easily. The things you listed merely mean the dollar won’t go to zero. But guess how we pay for that US apparatus? Here’s a hint: https://fred.stlouisfed.org/graph/?g=1JP6S The US has been spending in excess of tax receipts since 1970 and the gap keeps accelerating. This gets payed for with inflation, which means your savings and a loss in real wages. Go ahead and ask the state apparatus “sir, I was told my money was backed by you. Can I have the value of my time back?”

OkCantaloupe4959

JP Morgan's kinexy is actively doing crossborder payments in massive volume https://www.jpmorgan.com/kinexys/index. >Automate and facilitate transactions 24/7, in near real-time and across borders, with our next-generation deposit ledger and payment rail Canton has just approved the use of CCIP and bought chainlink in as a board member. Keep denying reality to protect your own bags. I won't respond any further. I've had this conversation 100 times with you mushrooms. Ignore actual evidence, believe social media rubbish.

OkCantaloupe4959

As I said before. Settlement is cheap and easily replaceable. What is the value add when the DTCC runs it's own chain? https://www.dtcc.com/digital-assets/composerx There isn't one. Chainlink however, is baked into the system. https://www.dtcc.com/dtcc-connection/articles/2024/may/16/smart-nav-pilot-report-bringing-trusted-data-to-the-blockchain-ecosystem >But feeding in data is not the same as final settlement. Chainlink is more than that. A lot more. Which you already know. XRP / XDC / Hbar are just blockchains. They are all easily replaceable. Every bank will run it's own chain... JP morgan - Kinexy. BlackRock - securitize. BNY Mellon, Goldman - Canton. BoA - Paxos Trust (permissioned stable network). ANZ - ADDX. Lloyds - WaveBL. And every single one of those chains will be completely interopable utilising CCIP. https://www.visa.com.sg/content/dam/VCOM/regional/ap/singapore/global-elements/documents/interim-report-e-hkd-pilot-programme-phase-2.pdf And every public chain in existence can fight it out for what is left, probably just retail users. How do these chains compete? They do the only thing they can. Decrease gas fees. Which will trend to zero.

JJKillerElite

People seem to expect rate cuts because Trump demands it, While JP could have cut rates, to keep it real the economy is probably going to need the cuts in the near future. Which is when they'll actually get cut. The reason everything seems fckt is because our administration has zero stability in its form of governance and it's economic ability

axnoro

JP already had one discussion with Saif and he appeared more "mindblown". Nothing much came out of it afaik.

a808ymous

JP Morgan is also a convicted fraudster. Time and time again. Nothing changes they pay a fine and keep doing what they are doing

soupofbidet

If you believe that the opportunity is Bitcoin price appreciation - than you missing the fact that someone in the future who own 0 Bitcoin would still benefit from earning in bitcoin if given the option. Is still desire money that isn’t debasing in my checking regardless of how much JP Morgan holds on behalf of their clients .

AnoAnoSaPwet

I don't understand how everyone buys it based on "a feeling" than any actual development in the space? It's got the worst tokenomics, it was all pre-mined and owned by Ripple, they release a **billion** tokens monthly. The  As far as I'm concerned, Blackrock, JP Morgan, and Robinhood already being crypto overlords pretty negates any possibility of this "institutional inflow of funds" when that money is already here, through those conglomerates?  I think it's just like DOGE. People real don't know any better and XRP is OG like BTC. It's a household name for crypto. 

WarrenBG

📈 $NINE — Nine Energy Services 🔹 Oilfield Innovation | AI & Energy Solutions | U.S. Energy Renaissance 🔹 Positive Overview: $NINE is strategically positioned as a key player in America’s energy comeback, combining operational expertise with forward-thinking adoption of AI in oilfield services. Lean, efficient, and ready to capitalize on the next bullish oil cycle. ⸻ 💡 Bullish Catalysts: ✅ Oil Market Recovery: Global demand remains strong, backed by U.S. industrial growth and increasing energy consumption. JP MORGAN wait Oil at 125/150$ in July Like during Golf War (Bush) ✅ Supply Cuts (OPEC+ & Geopolitics): Tightening supply → higher oil prices → improved margins for service providers like NINE. ✅ Technology Advantage: Early adoption of AI-driven optimization in drilling & completions → bridging energy and tech. ✅ IPO Price Trajectory: Undervalued relative to sector peers → potential for re-rating or strategic partnerships. ⸻ 📊 Financial Highlights (Icons): 💵 Positive Operating Cash Flow 📉 Deleveraging in Progress 📊 Improving Gross Margins 🚀 Upside Potential vs. Sector Averages ⸻ 🇺🇸 “Go to IPO Price” isn’t just a slogan—it’s a trajectory. $NINE stands ready to benefit from America’s energy renaissance and the global shift toward stable oil demand. #EnergyRecovery #BullishOil #NineEnergy LINK with BITCOIN ? Oil companies are behind Trump > Trump is behind BITCOIN > OIL companies are behind Bitcoin 🤙📈

WarrenBG

9$ is not for Price of oil 😂 9$=$NINE stock OIL with JP Morgan ll go to 150$ in july

JustStopppingBye

There’s nothing to discuss. It’s not easier (whatever this means), more decentralized or more accurate lol Chainlinks DON is larger (1000+), independently operated, and economically incentivized to stay honest. Chainlink is also more decentralized in how oracle data is sourced and delivered. Evident in the fact they control 68% of the oracle market and work with institutions like Swift, DTCC and JP Morgan. Chainlink is already dominating the market, how can you have your money on something that’s already failed lol

SunDreamShineDay

As a Link bagholder for the last 7 years, a kind reminder that the recent test JP Morgan, Chainlink and Ondo conducted was not with a stablecoin.

Darkpriest667

These new chads think that BTC is ever going to be in 5 figures again or even mid 5 figures don't understand the amount of money the big fund management firms have. Blackrock - 11 Trillion Fidelity - 5 trillion Vanguard - 9 trillion Morgan Stan - 3.6 trillion JP Morgan - 3.5 trillion Goldman Sachs - 2.8 trillion These are just a half dozen of them. ALL with more AUM than the entire market cap of BTC currently. They're going to keep buying, at just about any price. The more the price drops the more they will buy. The boomers and old heads (anti bitcoin) are dying. As newer more tech savvy finance folks take the reigns of these asset management firms they will be leveraging more bitcoin into their AUM.

OkCantaloupe4959

Chainlink CRE is similar to what you are describing. Allows the creation of modular workflows for token (stablecoin) interaction with multiple networks simultaneously. [JP Morgan](https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html) trailed it recently. >was powered end-to-end by the Chainlink Runtime Environment (CRE)—a secure offchain computing environment for coordinating activity across blockchains and existing systems, which leveraged an integration with Kinexys Digital Payments' synchronized settlement workflow The blockchain is abstracted away. You only interact with the contract on whatever chain for the product you want. In this example, a MMF (money market fund). In response to your second post...Sure it's possible for chainlink to become the backbone of all blockchain infrastructure. It looks like the most likely contender. But consider the top 20 coins now, it's all speculation funded by retail. Chainlink is a difficult concept to understand, and if retail doesn't understand it, it won't be speculated upon and won't have crazy pumps like you see from easy to understand layer 1 coins.

cryptolipto

In addition most of the yield is derived from stablecoins. Sometimes it comes from US treasuries. Sometimes it comes from borrowers Stablecoins are a fundamental building block of defi. They also have achieved product market fit when it comes to merchants. You see them starting to be accepted now on websites like Shopify. JP Morgan is the first of many to launch their own stablecoin. Cause you can look at how much money tether is making and be like, why not our company? And finally this GENIUS act shows that there is some bipartisan support for the asset class

JustStopppingBye

>XRPL is oracle agnostic even though it has an L1 oracle built in, any oracle can be used on the XRPL, any XRPL dev can use CCIP for their use case like how Band Protocol and DIA oracles are being used. lmao no, XRPL devs definitely cannot use [CCIP](https://docs.chain.link/ccip/directory/mainnet), they cant even use chainlink oracles. >What, except for the ones who are? lol SBI remit isnt a bank and no tier-1 bank will ever use it. Most who tested it never even used XRP. >you must not understand how greed works then, of course they would if it meant they pay less and make more from a company whose VC and board members are a who’s who of respectability and success. Payment companies that want rails to hard to reach corridors with on and off ramps that have deep liquidity is who wants Ripple’s products. Of course they wouldn’t. It’s not about money, it’s about risk, regulation, and control. No bank is going to run its settlement infrastructure on a speculative token managed by a startup company thats already been sued by the SEC lol. Nobody cares who’s on Ripple’s board when compliance officers and regulators are the ones calling the shots. While you’re busy hyping up XRP, you missed the fact that Swift is already integrating blockchain into its legacy systems, which completely undermines your argument. Banks have also achieved atomic DvP and PvP settlements too (without ripples help). [DvP swap from Jp morgan](https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html) [PvP swap ANZ with VersaVault](https://www.visa.com.sg/content/dam/VCOM/regional/ap/singapore/global-elements/documents/interim-report-e-hkd-pilot-programme-phase-2.pdf) >Ripple is developing an EVM chain because smart contracts on the main net makes zero sense, The whole things makes no sense since Defi and stablecoins. This is their pivot out in the open for you and you still have your blinders on. > Ripple offers an enterprise software suite Not very good software though. Banks can create their own private chain very easily as we have seen with JP Morgan. Every bank with have their own private chain and will connect through CCIP (Swift) to any public or private chain integrated. > Ripple *stock* imo is undervalued. Yikes. Ripple is not who you think it is.

Savi321

And the same JP Morgan was calling Bitcoin a scam in 2017.. How times change!

aokamon

You can add JP Morgan Chase to that soon. They've started testing "deposit tokens" on Ethereum L2, Base [https://thedefiant.io/news/defi/banking-giant-jpmorgan-tests-deposit-tokens-on-base](https://thedefiant.io/news/defi/banking-giant-jpmorgan-tests-deposit-tokens-on-base)

JustStopppingBye

Banks need a reliable oracle network. That’s why Swift, DTCC, JP Morgan and all the largest FMIs in the world need chainlink and not another chain to settle on. Thanks for coming out Xerpy.

cryptolipto

God damn son do some basic research then. JPMorgan has absolutely developed their own private chain called Kinexys. They will obviously launch it first on their own chain. Where it goes after that, who knows. But take JP Morgan’s official site for proof https://www.jpmorgan.com/kinexys/index

JustStopppingBye

Then try my first link lol is that not credible too? Do you really think you can gaslight people when ondo chainlink and JP Morgan publicly announced it?

JustStopppingBye

JP Morgan has their own chain lol If this is in fact true, it will eventually be on every chain with CCIP. [https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html](https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html) >"By securely and thoughtfully connecting our institutional payments solution with both external public and private blockchain infrastructures seamlessly"

still_salty_22

Yes that is how it works. At the beginning it is speculative, and lucrative, and dangerous. The *goal* in some peoples mind is exactly this boring, ie more stable, space. But like, JP Morgan is taking ibit for collateral and youre bored lol

Extension_Try_7866

But that could happen, not from people, but from institutions who owns lots of it. Now JP Morgan, Morgan Stanley, plus US Treasury own it a lot, and they could willingly give away those btcs to fund the war

heavelwrx

PumpFun is revolutionizing traditional finance and enabling the metaverse. I saw a post that JP Morgan, Goldman Sachs and the bank of Kenya were all exploring launching their next token on PumpFun.

JustStopppingBye

This sub doesn’t realize that anything banks currently want to do, requires oracles. Hence why chainlink is working with Swift and DTCC and JP Morgan and SDX and etc etc etc.

JustStopppingBye

Its clear the only argument you have is 'XRP price high' and 'chainlink price low' therefore, 'XRP has better adoption' Ask JP morgan why they used CCIP.

DurangoJohnny

To be clear, JP did his PhD thesis on alcoholism and frequently discussed how much better western medicine is. Then he got addicted to benzos and went to Russia for an induced coma.

kingraw99

Amazing that you see someone accurately (and creatively) criticize a pseudo-intellectual gasbag and your immediate reaction is that they must be a “leftist.” The mere fact that it seems like you might hold JP in even moderately high regard is all the evidence that anyone might need to understand why the world is in such dire straits. You should thank the “leftists” for pointing out the charlatans, but you’re apparently beyond help.

RickyMAustralia

Long time mstr holder The fact that saylor gave any time to this clown makes me want to sell Fck JP and his fake dangerous BS

Effective_Device_185

HA! Dickwad JP is going Chump orange. Dude! LOL.

iPurchaseBitcoin

all great info aside, when i hear JP talk, i wanna eat a bowl of hot noodles lol

SufficientStock6510

I like how he is ignoring JP while he is interrupting him😂

pm_me_your_breast_s

Yeah tbh both him and JP are like that, but I would have liked him to keep it simple to reach the largest possible audience.

Effective_Device_185

As a proud Canadian, thank you! JP for fucking off to FLA. Adios!!

Its_not_a_tumor

That's a very JP answer lol.

UzItOrLuzIt

All fair points but better to over pay for your ticket than to miss the train. The current macro pressure is extremely under-appreciated, and when I say that, I mean nation-state level under-appreciated. Can the current geopolitics cause some hiccups along the way? Of course, but to sit on your deployable capital in these gold-rush mentality times waiting for them to (maybe) play out is the far bigger risk. There are intended buys for millions of coins currently declared by US states, the US gov't itself, retirement funds, sovern wealth funds, multi-national corporations and entire countries. JP Morgan ( known BTC haters) are now opening up coin buying for all customers, SEC is canceling virtually all enforcement actions, the list goes on and on...how many signs do you need? No previous cycles ever had this level of deep pocketed support. The game has changed and the cycle is dead. We have now entered an era of financial game theory amongst giants in regards to BTC. Beyond all of that, I'll make this simple assertion: I have bought tops for years and years and yet tonight, 100% of them are in profit (even the highest price I ever paid which was last week at $106.5K). The same will be true for anyone that just has the discipline to let the temporary storms pass. Millions on this subreddit alone can, and regularly do, echo stories about the dip they counted on but never came. The point being, be smart enough to recognize a paradigm shift when it is in front of you and buy what you can while you can. If things go backwards and there is a set-back, just wait and you'll still win, if that setback doesn't happen very soon though, then you will definitely lose.

Wabusho

Hmm, he didn’t answer the question at all did he ? It would be fine if the answer made sense but what the fuck? Inflation is driven by a Unimind of everyone now lmao What’s your fucking job then JP ? To make propaganda so that the Ubimind changes its mind on inflation ? What a ridiculous answer damn

still_salty_22

No, even in that reality, ETH is lost and hoping old money saves it, while BTC is about to be seen as collateral by JP...

ThatDevDiaz

JP Morgan collaborating with LINK to provide financial on-chain bridge support for the first time

SlingshotGator77

You can tell XRP's narrative of being the token banks will use to transfer money is B.S. just by paying attention to what banks are actually announcing. Someone is building a blockchain version of SWIFT (w/ all the major banks) and going live this November (2025). This same group (not XRP) is also working with the DTCC to build a tokenized stock exchange this year. XRP is saying they are going to do this stuff, but the groups they say they are working with aren't saying the same thing. If you want to make money, don't just listen to Garlinghouse's words - look at the actions. They are dumping and buying back tokens to prop up the price because they own the majority of tokens, and focusing on stablecoins - NOT the XRP token. The work required to build a safe and performant international banking system is immense and they aren't putting in the work as you can see from a simple Google search on GitHub commits, and the fact that there isn't one credible article from anyone other than XRP stating they are using XRP - because it's simply not happening. If you want to invest in the project that is going to be the lifeblood of the new banking system, it's Chainlink - not XRP. You'd be better off selling your XRP now and switching over. JP Morgan [https://finance.yahoo.com/news/jp-morgan-unit-joins-forces-190157708.html](https://finance.yahoo.com/news/jp-morgan-unit-joins-forces-190157708.html) SWIFT [https://blog.chain.link/chainlink-banking-capital-markets-announcements/](https://blog.chain.link/chainlink-banking-capital-markets-announcements/) DTCC [https://www.dtcc.com/dtcc-connection/articles/2023/september/21/bringing-capital-markets-onchain-with-dtcc-and-chainlink](https://www.dtcc.com/dtcc-connection/articles/2023/september/21/bringing-capital-markets-onchain-with-dtcc-and-chainlink) Crypto Summit [https://www.forbes.com/sites/vipinbharathan/2025/03/09/real-world-assets-chainlink-at-the-crypto-summit-2025/](https://www.forbes.com/sites/vipinbharathan/2025/03/09/real-world-assets-chainlink-at-the-crypto-summit-2025/) (In comparison, XRP's big hope at the crypto summit was that they would be included in a "U.S. Strategic Reserve" which obviously didn't happen - and is unlikely to ever happen to a crypto currency that is not considered "digital gold". Nobody wants a reserve of a speculative coin. Bitcoin is likely to be the only coin fit for this purpose.) Now, there will be XRP fanboys that won't like to hear any of that but when it comes to making money it's much more profitable to invest in projects that are actually doing the work with the actual entities involved. Get mad or make money - your choice.

MrTheums

While the headline might seem incremental, JP Morgan's move to accept Bitcoin-linked ETFs as collateral is significant for institutional adoption. It's not about immediate price impact, but rather a subtle shift in how traditional finance views Bitcoin's risk profile. This legitimizes Bitcoin further within established financial systems, slowly but surely chipping away at the perception of it as a purely speculative asset. The crucial question, as another commenter pointed out, is the *haircut* applied to these ETFs. A lower haircut implies greater trust in the underlying Bitcoin price stability and the ETF's structure. Data on this haircut will be key to understanding the actual risk assessment of JP Morgan and other potential adopters. We'll need to watch for further announcements detailing those specifics to fully gauge the long-term ramifications.

Grunblau

JP Morgan saying they will now accept BTC as loan collateral and this is a totally legit dip and not a shake out before a leg up…. Seems like there might be some folks looking for some new collateral this week.

Tall_Status7970

Ask Deutsche Bank, JP Morgan et. al. If they can do it for mexican drug cartels, they can do it for anyone :)

sublingualwart

The dif is that is JP morgan that's running up to catch the competition HAHA

Escapement_Watch

This is absolutely normal especially in crypto. Nobody got anywhere being honest and polite. All the top dogs JP Morgan black Rock Rothschild you got to look into the past to see the future The future is bright for those who deceive and trick it's how money is made. You may not like that answer but somebody has to tell you the truth

willzyx01

lol, this is ridiculous. A data leak has nothing to do with KYC. KYC is a federal requirement and if banks like JP Morgan are mandated, Coinbase sure as fuck will be. How old are these “experts”? 12?

JackRPD28

Understand that anything after BTC and ETH are much less confident projects and are built on hype. Do not invest unless you can just sleep on the investments long term. FET is total speculation bullshit. XRP has serious development, but it’s 90% hype at the moment. The other coins are alts that are trying to grab attention in a crowded and oversaturated market. Some are serious projects, but lack hype. Research the alts and wonder whether they are growing in development or not. Price action is often independent of development. Chainlink should logically be high, just being used by JP Morgan, but no real change yet. Honestly, FET is such BS and is only popular because it has AI in the name. I view it as a glorified memecoin currently. DOGE is more serious than FET.

Smoking-Coyote06

You're still mixing the concepts. Yes, there are centralized exchanges. And yes, many people purchase and store the bitcoin on centralized exchanges. That has nothing to do with the distributed, decentralized network protocol. >And none of Bitcoin the assets value is derived from the networks decentralization. That is incorrect. Btc value is definitely based on the security of the network and the decentralized nature of the network. If bitcoin (network) could be hacked (insecurity) or if the US gov could walk into Bitcoin headquarters and turn of the servers (centralization), btc the asset would not be as valuable. It's the facts that it is highly secure, and not centralized that gives it value to a global market. >90% of transactions are to/from centralized exchanges and 90% of Bitcoin “owners” have never even made a Bitcoin transaction, they’ve just bought and held on an exchange. What percentage of internet users actually tap into their own SMTP server to send an email? How regularly check their IMAP or POP3 servers to receive an email. Do you think most people actually understand TCP/IP, or do they just type a web address and click go? Centralized exchanges, online brokerages like Fidelity, BlackRock, Charles Schwab, JP Morgan, etc. will be the way most people access btc, the same way most people get to the internet via Gmail, Google, safari, etc.

FlappySocks

When there is a gold rush, always put some money aside for picks and shovels. That's ChainLink (LINK). They are working along side JP Morgan, Blackrock, Swift, and many other legacy banks. They are also working with the Whitehouse in drafting legislation. It's a long term investment. Buy, and stake.

Icterus_Galbula

Right right. Make smart investments like buying 55.7 million shares of WOLF at $3.06, as reported by JP Morgan in their Q1 25 filings.

IcyDragonFire

Even if it were true (it isn't, as others noted), it would mean nothing.   Remember JP Morgan & the subprime crusts? Financial institutions can make bad decisions.

CunningStunt_1

This gets mentioned a lot. But why would institutions care when they are running their own chains? JP Morgan; kinexy. BNY Mellon, Goldman; Canton BoA; Paxos Trust (permissioned stable network) ANZ; ADDX Lloyds; WaveBL. DTCC; composerX

CunningStunt_1

JP Morgan hasn't tokenised anything on hbar.

Euphoric_Travel_3195

Hahaha, an electrician is the one that powers up blockchain :D Yeah, I recalled some funds tokenized some JP Morgan funds using HBAR last year. Those are more finance related kinda RWA. Those RWA with commodities may still be a fad at the moment but it does have potential.. thank you for sharing your thoughts :D

SunDreamShineDay

>I think XRP is overvalued. Blackrock, JP Morgan, Swift and others are developing on ChainLink. I’d wager you have not read the paper that former Ripple employee Kevin Mitchnick who is now BlackRock’s Head of Digital Assets published with Susan Athey former MIT and Harvard professor who is now a Professor of Economics of Technology at Stanford about XRP and the projections they came up with. 👀

FlappySocks

I think XRP is overvalued. Blackrock, JP Morgan, Swift and others are developing on ChainLink. And there is a lot of stablecoin competition coming down the track. SOL im bullish on.

Invest_and_ballout

You know not all trading platforms offer fractional shares right. Let me name a few, Charles Schwab, Morgan Stanley, JP Morgan, BOA, Goldman Sachs etc

CunningStunt_1

Ok let's be serious then. CEX's are for retail. Also, why would you swap between CEX's? The value moving forward is between bank chains. Just look at the numbers JP Morgan's Kinexy does for crossborder payments. 2 BILLION A DAY. DTCC are also already settling millions daily on their composerX platform (based on hyperledger). The value is between those chains. All of which chains settle on a PvP/ DvP basis. So liquidity isn't a problem.swaps are atomic and instant.

CunningStunt_1

But circle outright denied ripple have been in talks with them? The done thing is not to comment, if it's true. Not deny. https://bitcoinist.com/circle-sets-the-record-straight-no-talks-of-sale/amp/ >They are pegged at one dollar and they don’t move. That's a positive. And yes there is liquidity. JP Morgan has over a trillion tied up with their crossborder platform; kinexy.

CunningStunt_1

JP Morgan's Kinexy platform is linked in my post. https://www.jpmorgan.com/kinexys/index It is a Quorum based chain. Has been live and operating for 10+ years, transacting billions a day. What testing are you refering too?

No-Cartoonist9256

JP Morgan is using AVAX to test most of its digital finance platform.

CunningStunt_1

Chainlink. Already working with; - [SWIFT](https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experiments). - [UBS](https://www.swift.com/news-events/press-releases/swift-ubs-asset-management-and-chainlink-successfully-complete-innovative-pilot-bridge-tokenized-assets-existing-payment-systems) - [JP Morgan](https://fortune.com/crypto/2025/05/14/jpmorgan-chase-kinexys-digital-payments-ondo-chainlink/) - [DTCC](https://www.dtcc.com/dtcc-connection/articles/2023/september/21/bringing-capital-markets-onchain-with-dtcc-and-chainlink) - [Euroclear](https://www.finextra.com/pressarticle/102833/eurocler-and-swift-join-chainlink-ai-and-blockchain-initiative-for-corporate-actions). Every bank will run it's own chain. This has been obvious for several years now.

Objective-Day-2026

Circle, a stablecoin issuer (USDC), partners with Zebec, and USDC powers Zebec's product suite. Stellar is a partner for cross-border remittances and USDC payroll. SwissCheese Finance integrates its token ($SWCH) into the Zebec Silver Card, allowing users to spend tokenized stocks. Mastercard supports Zebec Cards, which can be used globally. Visa is another partner in the payments space. Plaid is a partner in the payments space. Asure HCM is a partner in the payments space. JP Morgan is a partner in the payments space. KotaPay is a partner in the payments space. Coinflow partnered with Zebec to unveil off-ramp functionality.

JustStopppingBye

>There are 10 competitors now who all provide price feeds. And only price feeds lol Would you rather use the [wormhole](https://www.reuters.com/technology/crypto-network-wormhole-hit-with-possible-320-mln-hack-2022-02-03//Pyth) and [pyth](https://crypto.news/cetus-protocol-hack-sui-exploit-full-breakdown/set) up? lolT heyre also slowly losing market share. Pyth just lost a huge chunk now that chainlink CCIP went live on Solana. Chainlink controls 68% of DEFI and everyday they absorb more. [https://defillama.com/oracles](https://defillama.com/oracles) >Chainlink is basically pivoting out of being an oracle and is now focused on CCIP Wow thats a new argument ive never seen before. But yes becoming a middleware interoperability layer for the entire Web3 and enterprise blockchain ecosystem is a pivot LMAO!!! >CRE (which is interesting, but not really related to their core design. JP Morgan and DTCC finds it pretty neat. >I'm just objectively saying that they don't have revenue I think you mean profits. >I hope they do finalize their POC with SWIFT and actually build something cool. I think I provided enough evidence to prove this will happen. A [Swift.com](http://Swift.com) announcement followed up by a live interview of a Swift rep saying its going live.

MaximumStudent1839

Your best example is a private blockchain by JP Morgan? When the discussion here is about public blockchains? The valuation of L1 token is an integral part of the public blockchain tech. Nearly everyone now runs on proof of stake. The token’s high stake value is what guarantees the game theory behind proof of stake. If tokens don’t become important SoV, then you will run into a paradox, what is being staked ends up being less than what is being transacted, leading to malicious actors wanting to attack the chain.

admin_default

JP Morgan, BNY Mellon, Deutsche Bank, etc. have all announced work on Ethereum and ETH Layer 2s. Most have also tried internal blockchain experiments with no real adoption.

CunningStunt_1

>I disagree that “every bank will run its own chain”. JP Morgan; kinexy BNY Mellon, Goldman; Canton BoA; Paxos Trust (permissioned stable network) ANZ; ADDX Lloyds; WaveBL There is plenty of evidence. You just aren't looking for it. 2-3 chains won't win. All chains will lose equally.

JustStopppingBye

Which was solved by chainlink. Theres a reason we have Swift, DTCC and JP Morgan all testing CCIP.

Kevinthecap93

70,000 people info got hacked, JP Morgan law firm is handling cases. Exactly why I do t keep large amounts on their platform… and trust hot wallets has better deals than both Coinbase and binaince

JustStopppingBye

Is that what Swift, DTCC and JP Morgan said when they tested CCIP?

JustStopppingBye

Is that what Swift, DTCC and JP Morgan said when they tested CCIP?

ComplexWrangler1346

Exactly ! I just basically said this up top lol if ripple feels like there isn’t enough volume pumping , they will go on twitter and say “big meeting with JP Morgan in September” hahahaa and everyone will buy more lol

Vtrader_io

I used to watch people ask their financial advisors about Bitcoin, but then I realized they were actually paying someone to tell them not to buy the best performing asset of the decade. Now at $112K, my single Bitcoin purchase from 2017 has outperformed every "diversified portfolio" recommendation I received during my JP Morgan days. The market is finally recognizing what some of us have known since leaving traditional finance - scarcity plus adoption equals inevitable appreciation, much like my Patek Philippe Aquanaut that's quadrupled in value while sitting in my Manhattan safe. At vtrader.io, our institutional clients are finally asking the right questions about allocation percentages rather than whether to allocate at all.

JustStopppingBye

Their own own chain oracle😂Yes the big hitters like Swift, JP Morgan and DTCC that already use chainlink oracle. Everything you said is a lie 😂😂😂

Somsanite7

This Circle after the tax crash was predicted JP Morgan said that 115K is possible rn looking years into future are not possible

R4ID

>You either live in a bubble or you were born yesterday. LOL them integrating other stablecoins isnt Them having their own crypto you muppet. >Of course they do, internally. They control their own private ledgers, they dont contorl the payment rails thats how the nostro/vostro system of swift functions via Intermediary you're actually clueless >More xrp talking points thats literally only ever discussed by xrp cultists. Blockchains remove the need for nostro/vostro accounts if you have an interoperable blockchain infrastructure, (ie CCIP) CCIP aka ILP lol, congrats you played yourself. >Theres a reason we have all these large institutions like Swift, DTCC, SDX, Euroclear, Clearstream and now JP Morgan, all testing CCIP for cross chain interoperability. We all know why Bradley is trying to pivot to stable coins. lol, to use BTC maxi's favorite FUD "Testing" =/= "using" Anything else stupid youd like to say today?

JustStopppingBye

>Visa has a crypto? or do you not know how to fucking read? oh wait, I already know you dont know how to read. [https://corporate.visa.com/en/solutions/crypto/stablecoins.html](https://corporate.visa.com/en/solutions/crypto/stablecoins.html) [https://developer.visa.com/capabilities/visa-tokenized-asset-platform](https://developer.visa.com/capabilities/visa-tokenized-asset-platform) You either live in a bubble or you were born yesterday. >They dont control their payment rails today bozo. Of course they do, internally. >Nostro/vostro functions. More xrp talking points thats literally only discussed by xrp cultists. Blockchains remove the need for nostro/vostro accounts if you have an interoperable blockchain infrastructure, (ie CCIP) Theres a reason we have all these large institutions like Swift, DTCC, SDX, Euroclear, Clearstream and now JP Morgan, all testing CCIP for cross chain interoperability. We all know why Bradley is trying to pivot to stable coins.

JustStopppingBye

Jfc, you really haven’t researched anything, chainlink is not a chain, it’s an oracle network that works with any L1 or L2, public or private. There’s nothing tribal about this. They have over 60% of oracle traffic now across all chains JP Morgan literally just used CCIP. Time to wake up https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html

JustStopppingBye

Jfc, you’re really haven’t researched anything, chainlink is not a chain, it’s an oracle network that works with any L1 or L2, public or private. There’s nothing tribal about this. JP Morgan literally just used CCIP. Time to wake up https://www.prnewswire.com/news-releases/chainlink-kinexys-by-jp-morgan-and-ondo-finance-team-up-to-bring-bank-payment-rails-to-tokenized-asset-markets-302455268.html

MoneyPowerNexis

Reminds me of the old buy silver crash JP Morgan viral marketing campaign back in 2011. People actually believed JP was short silver. In reality the shorts where on behalf of its clients and if anything JP was on net long silver and made record profits that year since it makes money on volume as a market maker. Silver still isn't higher 14 years later in real terms.

BigTroutOnly

JP is a genuine giga chad. Regardless, Papa Powell can't unilaterally lower the rates. Nor can his replacement. There's byaws. The board of governors with 14-year terms each vote on it after advisement from a larger committee. Read about how the Fed works

Different-Hyena-8724

I think we'll see Trump and the Fed clash again. Before JPow leaves. He'll end up saying JP has a little penis and then JP will cave and lower interest rates because he is weak.

Ok_Score9113

Almost, But the need to print money is mainly from the governments “insolvency”, being around $38 trillion in debt. The us governments debt-to-gdp ratio is nearly 130% now, which means they’d need to more than double their GDP, whilst simultaneously not borrowing any more, to ever pay it off. This is of course required to keep the whole system chugging along too, even the private banks as you say, because the whole system is built around debt. Fiat money is literally just debt, it’s leant into existence, every digit in everyone’s bank account is actually just representative of outstanding debt in the system. If we ever tried to actually pay off all the debt in the system, we’d run out of fiat money before we could, the whole thing would collapse. So yeah I’d agree, this is a big part that banks are hostile (particularly the likes of JP Morgan) - because their whole business revolves around the ability to lend out money, which they create out of thin air, without constraints.

moe-umphs

I remember getting emails and mail saying they noticed coinbase activity and would ban my account for engaging in crypto…all while buying it in masses. HAHAH JP Morgan coin coming soon…

SmokeAndSkate

JP Morgan has a lot of high net worth clients. Previously they did not include the Bitcoin holdings of those clients in their customer account statements showing their total assets. Now they do. We’re not talking about average Joes with .05 BTC on Coinbase.

piece0fdebri

That's what I thought it meant, but that means JP Morgan is selling bitcoin? So they are gonna have to hold Bitcoin to sell it? Which then why wouldn't they custody it also if that's the case? I don't know, just have a lot of question haha. Surely they'll offer custody in the future when they loan against BTC.

Next_Anteater4660

On their platform, I assume. So as a JP Morgan customer, you dont have to create a coinbase account.

piece0fdebri

What does it mean that JP Morgan is gonna allow their customers to buy bitcoin? Like you couldn't buy bitcoin with Coinbase if you had a JP Morgan account before? I'm confused.

FlappySocks

ChainLink is the picks and shovels of crypto. They are working with: BlackRock JP Morgan Swift The Whitehouse.

JustStopppingBye

They did actually. The got Swift, DTCC and JP Morgan, the biggest American bank, largest bank messaging system and largest settlement system They helped write the genius act too. Met with the SEC and the FED. It’s over for ripple and this is more proof

Suspicious-Limit8115

JP morgan has their own internal cryptocurrency which has existed for a while, this dude was just shittalking bitcoin because his wet dream was to build his own shitcoin and have it eclipse that real players.

Cute_Bandicoot_8219

JP Morgan *hasn't embraced shit*. They don't *buy* crypto. They make money off transaction fees of private individuals buying and selling crypto. They don't give a shit whether it goes up or down.

dyrnwyn580

JP Morgan Chase will now allow clients to buy (not custody). That’s a large addition to the public pool of buyers.

esiob12

The last place that I will let sniff my bitcoin balance will a JP Morgan Chase company. Chase will go bankrupt before they ever see my bitcoin.