JPMorgan moves to support the Pitcuen as the new gold

After JPMorgan CEO Jimmy Demon described the Betquin as a fraudulent act, the company once again appeared to compliment the digital currency as "new gold". Where analysts at JPMorgan believe that Betcuen can soon join gold as a reliable and long-term way to store wealth. It has been shown by recent growth and recent changes in Betkin that it is getting closer and closer to digital gold, the place where JPMorgan sees its value.

The possibility of raising the digital currency to the emerging asset category

According to JPMorgan analyst Nikolaos Panigertzoglu, the incredible rise in the value of Pitcairn allows it to start competing for the asset class; and at the same time it appears to be emerging from the currency race. Where there are significant changes in the Betquin market, especially when it comes to making digital currency easier to invest. Panigertzoglu said:

"The potential release of futures contracts through existing exchanges, in particular, has the potential to add legitimacy to them, thereby increasing the attractiveness of the digital currency market for both individual and institutional investors."
Betquin still competes with gold

There is a constant debate about the most popular thing when it comes to talking about investing in gold and betcin. However, the precious metal may be stable and safe, but it does not have the attractiveness of the bitcoin, which comes as a result of the speed with which it has grown. A huge growth boom can make digital currencies equal or even exceed gold very soon as an investmentable asset.

Good news for banks

At the time when Demon was making his speech about the Betquin, there was a feeling that the banks and the Bettkin were in a decisive battle. Banks were worried about the currency as a currency, and how they could free people from government-backed government-backed government bonds. However, the fighting has declined to a certain extent as the future is now aimed at collecting valuable assets. Instead of continuing to face the institutional banking system, the Pitcairn seems to have gone beyond adolescence. There is now a great rush towards digital gold, with fear of its loss sweeping the world.