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The Daily Hodl 2021-07-13 20:00:46

Banking Behemoth JPMorgan Has Doubts About El Salvador’s Leap Into Bitcoin – Here’s Why

Banking giant JPMorgan has some reservations regarding El Salvador’s recent decision to make Bitcoin legal tender. In a report revealed by Bloomberg, analysts from the bank say they believe that BTC being used as legal tender will put strains both on Bitcoin and El Salvador itself. According to JPMorgan’s analysis, there is too much Bitcoin […]The post Banking Behemoth JPMorgan Has Doubts About El Salvador’s Leap Into Bitcoin – Here’s Why appeared first on The Daily Hodl.

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