Well if I put on my tinfoil hat and the rumblings of the dollar giving way to CBCD is a forgone conclusion, JPM might be perfectly situated to offer its services to the Fed?
So, if JP Morgan did such a poor (fraudulent?) recommendation , do their customers have any legal recourse? Or is this just another ‘buyer beware’ situation on Wall Street?
There's a good youtube channel on crypto scams, Coffeezilla. Lots of parallels between the crypto scams and "mainstream".
Well if I put on my tinfoil hat and the rumblings of the dollar giving way to CBCD is a forgone conclusion, JPM might be perfectly situated to offer its services to the Fed?
https://www.cnn.com/2021/08/13/perspectives/central-bank-digital-currencies/index.html
https://thefr.com/news/2021/8/24/jpmorgan-chase-digital-currency-jpm-coin-is-being-used-commercially
https://www.jpmorgan.com/onyx/index
I question the inevitability of CBDCs, but there isn't a corrupt banker more suited to advise a corrupt government on how to corrupt the currency.
Hey, thanks for the excellent links!
So, if JP Morgan did such a poor (fraudulent?) recommendation , do their customers have any legal recourse? Or is this just another ‘buyer beware’ situation on Wall Street?
That's a good question. I doubt there's much legal recourse, but one has to marvel at the lack of ethics on display.