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TechFlow news, on October 24, economist and gold supporter Peter Schiff commented on "JPMorgan allowing institutional investors to use their held BTC and ETH as collateral for borrowing," stating, "While this move may push up cryptocurrency prices in the short term, in the long run it will lead to a larger market crash, at which point both borrowers and JPMorgan will suffer losses."
Economist and gold supporter Peter Schiff commented on "JPMorgan allowing institutional investors to use their held BTC and ETH as collateral for loans," stating, "While this move will push up cryptocurrency prices in the short term, in the long run it will lead to a much larger market crash, at which point both borrowers and JPMorgan will suffer losses."
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