Years ago, JPMorgan's Jamie Dimon made headlines declaring that Bitcoin would be shut down within a decade. A bold prediction that drew plenty of attention in the crypto space.



Fast forward to today, and the narrative has completely flipped. The same institution that once dismissed the world's largest cryptocurrency is now racing to build out Bitcoin services for its clients. The irony is hard to miss.

It's a textbook example of how the crypto market evolves. What seemed impossible to traditional finance just years ago—institutional Bitcoin adoption—is now becoming standard practice. Major banks have shifted from skepticism to strategic engagement, recognizing both the market demand and the technological inevitability.

This pivot reflects a broader reality: the Bitcoin narrative has proven resilient. Rather than disappearing as predicted, it's become impossible for major financial players to ignore. Whether institutional adoption benefits the ecosystem or creates new market dynamics remains a topic of debate, but one thing's certain—the landscape has changed dramatically.
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MissedTheBoatvip
· 14h ago
Tsk, the slap in the face came pretty quickly... That thing Dimon said now sounds like a joke.
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GateUser-74b10196vip
· 12-27 08:50
Dimon's words back then now sound like a joke haha, JPMorgan Chase really turns around and backstabs its own statements
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SadMoneyMeowvip
· 12-27 08:39
Dimon's comment is really an old-fashioned remark. How satisfying it is to eat your own words now.
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CryptoMotivatorvip
· 12-27 08:35
Face-slapping moment: Dimon once said he would shut down BTC, but now JPM is selling BTC services. The turnaround is unprecedented.
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