JPMorgan’s Jamie Dimon backs tokenization but distinguishes “pet rock” Bitcoin from cryptocurrencies allowing asset tokenization. Bitcoin community scoffs at Dimon’s “Satashi” mispronunciation & lack of understanding, questioning Mr.Dimon’s understanding of Bitcoin.
Dimon expressed support for cryptocurrencies with use cases involving “tokenizing things that you do something with.” That echoes the words of BlackRock CEO Larry Fink, who predicted the “the tokenization of every financial asset.”
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