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JPMorgan predicts Bitcoin could outperform stocks and gold over next 10‑15 years
Jamie Dimon, CEO of JPMorgan, has previously called Bitcoin a “fraud” and a “decentralized Ponzi scheme,” even suggesting it should be shut down. Despite those remarks, JPMorgan has adopted blockchain technology, permitting clients to use Bitcoin and Ethereum as collateral and issuing its own JPM Coin on public networks. The bank now forecasts that Bitcoin could outperform both stocks and gold over the next 10 to 15 years. This marks a notable shift in JPMorgan’s stance toward the cryptocurrency.