Debunking JPMorgan’s Arguments Towards El Salvador’s Bitcoin Adoption
Debunking JPMorgan's

Debunking JPMorgan’s Arguments Towards El Salvador’s Bitcoin Adoption

JPMorgan analysts have shared their views on the adoption of bitcoin as a legal currency in El Salvador, reported Market Insider. The bank portrays the move as a “problematic experiment,” demonstrating a high-time preference rationale and a profound lack of understanding of Bitcoin and its incentives.”El Salvador’s ill-conceived experiment should not be critical for the…