JPMorgan Chase & Co.’s plan to allow institutional clients to use #Bitcoin & #Ether as loan collateral by year-end is a game-changer for #BTC.
It validates Bitcoin as a legitimate asset, drives demand by encouraging institutional holdings, enhances market liquidity, & signals growing trust in crypto within traditional finance.
This could accelerate mainstream adoption & solidify BTC’s role as a store of value.
Yet, some #Bitcoin OGs may worry about centralisation, regulatory scrutiny, or dilution of its decentralised ethos, fearing banks could undermine its anti-establishment roots. A pivotal moment for crypto!