JPMorgan analysts say Bitcoin appeal only exists in a dystopian environment. The Wall Street giant also believes Bitcoin isn’t a safe haven despite outperforming the S&P and Dow Jones over the past decade. JPMorgan: Bitcoin Only Valuable in a Dystopia In a note to clients published last week, JPMorgan analyst Jan Loeys poured cold water on Bitcoin’s value proposition. Loeys, who is also JPMorgan managing director said that the top-ranked cryptocurrency would only have real valueRead MoreThe post JPMorgan Argues Bitcoin Only Valuable in a ‘Dystopian’ Environment appeared first on Bitcoinist.com.
