JPMorgan Makes A Huge Bitcoin Announcement
The JPMorgan CEO knows what’s going on… and so do investors who are claiming these deals hand over fist.
During a meeting this week with high-level banking insiders, he revealed he doesn’t trust the claim that Bitcoin is limited at 21 million coins.
This is something I happen to agree with.
Crypto fans like to pretend that Bitcoin is scarce and therefore valuable.
But if enough Bitcoin miners agree to the idea, this 21 million coin limit CAN be raised!
So no, it’s NOT limited.
Bitcoin and other cryptos might work out in the end, but for now, they are as risky (if not more) than the U.S. Dollar!
Bitcoin’s New Fund Is Driving Investors Crazy
Bitcoin has nothing on this little gem of an investment… Why? Because it is far more dependable
“The ETF presents a disruption to what is available in the marketplace today,” said Karan Sood, a financial advisor from Virginia. “That’s what investors are excited about.”
One analyst predicted that Bitcoin could go over $100k because of this new fund. To me, and many others, this screams “irrational exuberance.”
Sure, you could make a lot from Bitcoin. But what about guaranteed returns?
In other words, can you sleep soundly knowing when you wake up your balance won’t be 20% of what it was the night before?
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