JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell crypto assets.
JP Morgan, from “Bitcoin is a fraud and will blow up” in 2017 to “Bitcoin’s competition with gold” in 2020.
We’ve come a long way. pic.twitter.com/xceabkHaVJ
— Krüger (@krugermacro) October 24, 2020
The main factor put forward by…