Oct 20, 2026 5:48 AM

Jamie Dimon called Bitcoin a "pet rock," yet JPMorgan is now launching its own digital dollar on Ethereum. This isn't innovation; it’s a defensive play to stop $6.6 trillion from leaving the banking system. While they lobby Washington to restrict stablecoins, they’re forcing users into "deposit tokens" that keep your money under their control—and they even pause transactions every Saturday. Is this a legitimate tech pivot, or just a hypocritical attempt to monopolize the blockchain?
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