As a result of the investment of the bitcoin currency in the future, the market is in gold, and all in favor of the millennials, it is going to JPMorgan in the last daynote for investors.
On Friday at a well-known investment bankJPMorgan said that "Bitcoin has significant long-term growth potential" as millennials "will become a more important component of the investor universe over time," Business Insider reports. .
The largest cumulative value from the point of viewThe active bank of the USA has published information, according to which "even a moderate extraction of gold in the form of an alternative currency in a long-term effective period
Regardless of what is commonly referred to as bitcoinBy means of cost saving, JPMorgan added that the most large cryptocurrency from the point of view of market capitalization could use - to use the power supply
“Cryptocurrencies acquire value not onlyBECAUSE they serve as a custodian of welfare, but also thanks to their usefulness in quality of payment, - says the bank. - The more economic agents will accept cryptocurrencies as a means of payment in the future, the higher their usefulness and value will be. "
This is how Dan Tapiero's surprised tweet sounds about changing his attitude at JPMorgan:
“Think only! This is the most optimal information about bitcoin that I have ever heard from JP Morgan: "Even a moderate extraction of gold will increase the price of bitcoin." The extensively diluted research is intended for all customers of the bank. Paupal issued a statement to the press to attract players from the traditional market. "
With this, the bank added that bitcoinPresents a small class of assets, and that it could catch up with gold, its value should be increased by ten times. According to the analytical website CoinMarketCap, the current market capitalization of bitcoin is $ 240 billion. For comparison, the gold market is estimated at a few trillions of dollars.
Paнee JPMorgan was a notorious bitcoin adversary. In 2017, the bank's general director Jaimie Daimon called the cryptocurrency "fake".
But since then, unexpectedly, the position of the bank in relation to the cryptocurrency has become more friendly.
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