JP Morgan is not your friend if you deal in Crypto.
Nobody is your friend if you deal in crypto. That's the whole point of crypto.
Or are we going to forget all the times that Coinbase and Bitfinex prevented customers from selling their coins as the value was falling, or when Tether promised an audit of their supposedly 1:1 USD-backed currency and then never did, or that time Mt Gox failed and took down several billion worth of coins with it, or that time Ethereum unilaterally changed the ledger because of the DAO scandal and wiped out $300 million of holdings?
The banks at least are governed by laws and regulated by governments. Many of the exchanges don't even bother to pay lip service to regulation.
Nobody is your friend if you deal in crypto. That's the whole point of crypto.
Or are we going to forget all the times that Coinbase and Bitfinex prevented customers from selling their coins as the value was falling, or when Tether promised an audit of their supposedly 1:1 USD-backed currency and then never did, or that time Mt Gox failed and took down several billion worth of coins with it, or that time Ethereum unilaterally changed the ledger because of the DAO scandal and wiped out $300 million of holdings?
The banks at least are governed by laws and regulated by governments. Many of the exchanges don't even bother to pay lip service to regulation.