The statement by JPMorgan CEO Jamie Dimon marks a turning point: "Bitcoin is better than the current financial system."
What does this shift mean?
Acknowledgement of Shortcomings: Recognition that current banking systems are slow and costly (especially cross-border transfers).
Increased Legitimacy: Elevating Bitcoin's legitimacy beyond just a "store of value" to a structural solution.
Impending Institutional Adoption: Such strategic statements are usually followed by expansions in cryptocurrency-related services offered to institutional clients.
Educational Summary: When the head of an ancient financial institution admits to Bitcoin's "superiority," it confirms that we are transitioning toward a hybrid financial future.
