Why is Jamie Dimon so afraid of Bitcoin?

“God bless the blockchain,” Dimon said. “Cryptocurrencies, digital currencies, I think are also fine.”

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JPMorgan Chase: Will It Dominate Digital Wallets?

The monster bank’s real secret weapon could be automatic teller machines (ATMs). News reports indicate that Chase is developing a card-less ATM that is supposed to work with digital wallets like Chase Pay. The advantage to this is obvious: It allows digital wallet users to get cash.

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