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40 Comments

  • No bank coin backed by fiat will succeed. They’re LIABILITIES NOT ASSETS LIKE XRP

  • Wes Anderson says:

    Good to know. Good stuff Alex.

  • Jacob Mee says:

    Gutted when I heard this, so brought more XRP to cheer myself up 💆🏼‍♂️😂🤣😂🤣

  • Trenity says:

    JP Morgan doesn't run the world guys.  Ask the BRIC nations if they lose sleep over what JP Morgan does.  NEWS FLASH….The US is set to fall in 3rd place behind China and India by 2030 in leading global economies.  The problem is JPM coin is tied to the US dollar which has been losing it's value year after year and is totally centralized.  JP Morgan has been fined over 43 billion since the financial crisis for bad business practices.  The 2nd highest fine total to Bank of America at 76 billion which combined is about where the crypto market cap stands as of today.  It's a desperate attempt for banks to hold on to the old system that has been ripping people off for decades and try to maintain some sort of control but unfortunately the writing is on the wall, the US banking system is imploding.  There's 22 trillion US debt, an ongoing trade war, the dollar is losing its world reserve status, fake stock market pumping for the past 10+ years, money printing to no end just to keep the image of the American dream alive.  JPM coin has a better chance of going to zero before Bitcoin or XRP.  America sitting as top dog over the rest of the world is not the case as it once was.  Yeah, if it comes to war maybe but even then China and Russia are no pushovers and are only getting smarter and stronger.

  • Blue says:

    the problem with JPM coin is that it is the cookie cutter definition of centralized, and they are a bank they already have the ability to settle payments between their clients they would just be making another product to collect fees, plus this is from a company that bashes bitcoin as a fraud then turns around and uses the underlying tech to fabricate a coin for their own gain… if its pegged to the us dollar then the coin would be subject to inflation as the buying power of the dollar is reduced meaning one JPM coin in 5 years would be worth less then one today your better off with fiat

  • JP Morgan Coin= Chuck-E-Cheese coin…💯🎤

  • kaz says:

    Why didn't they just use xrp??? Makes more economical sense and save all that research and infrastructure money!!!!

  • Xrp smash everything GO MOON

  • XRPeace says:

    Banks can “make” ALL THE COINS THEY WANT… at the end of the day their coins will still flow through the xrp ledger…

  • Jackass diamond can shove his crypto tokens up his ass!

  • Aurall says:

    Jamie dimon's shit coin ain't gonna do nothing. It might as well be a stable coin…who knows.

  • Danny K says:

    one thing i love about Ripple is that these guys have gone through the whole business model of cross border payments and remitances with an ultra fine tooth-comb and they must have done all this leg work before they even started to build Xrapid or Xcurrent …Every time we hear potentially damaging news be it the JP coin or pure fud from trolling reporters claiming that partnerships are not real …Brad or Dave come up with say an article he wrote nearly 3 years ago addressing the new "threat" and basically just put the whole issue to bed with nothing more than a wry smile and a twinkle in the eye . or one of the fake partners go from talk into direct massive action that makes everyone stop and take notice…..I swear these guys must have the muvva of all crystal balls lying around in the office somewhere…
    XRP is going to launch soon just be patient, dont let the fud and BS shake your belief in Ripple/Xrp and you shall be richly rewarded

  • Stuart H says:

    Unfortunately JP Morgan owns Chase Bank, Bear Stearns, and other retail banks. Those retail banks will be using this coin according to Dimon to settle fiat. Hopefully this is not a trend. Regardless if XRP and the tech of the RippleNet is better, the fact is XRP is not being used in any major way by large U.S. banks so the tech is not selling itself.

    I have always maintained if XRP is going to gain any mass adoption it will be from an outside-in the US strategy…given how Ripple does the soft sell with US Banks and XRP. They will never use it because they want to. They will only use it when they have to…when the rest of the world is blowing their doors off in settlement times and large multinational corps are going around US banks to deal with companies internationally. I just hope that is the best strategy since the western world dominates world banking and Bretton Woods, IMF, etc…Yet Japan and China (and even Russia) are gaining. I think Ripple needs to be more aggressive marketing XRP myself. Do not let banks choose…they are in the 1980s. Choose for them, or you will get this happening.

    The issue will come when JPM uses internationally with other non affiliated banks. There is a trust system and a taffif system that must be followed. Ripple knows this protocol. Does JP Morgan? At least we know XRP is not a security now…

  • XRPotato says:

    maybe banks need their own coins, then use xrp as a bridge?

  • James Smith says:

    Great delivery of very insightful facts wrapped in a great narrative thread to address a contemporary issue.

  • DAN SKI says:

    Nobody is mentioning if JPM does not adopt Ripple's Technology and XRP they will be shooting themselves in the wallet. It could be deptramental.

  • No, the JPM coin is NOT a threat to XRP. It's a non-issue.
    The JPM is for JPM use only. No one not associated with their company will use it.

  • Krang says:

    Attempt at market manipulation by JPM

  • Kris DLC says:

    I hope it pushes REGZ

  • Not enough details on it to know what impact it could have.

  • smoky e says:

    This may not hurt xrp….but be careful it's not good news..

  • samuel brown says:

    Thanks for your great, informative and interesting videos. I'm enjoying them a lot. Everyone is scared and I’m over here staring at these discounts and beating off,I'm so damn excited. I’ve been waiting for this for months. Absolutely there's no room for emotions in this game, Buy the dip and trade. It's that simple. Christmas came early, As the price continues to drop as I hope it does, I will continue to buy more of this. I do not believe crypto is going to zero. I do believe at some point when the recovery starts and the bull market starts there is going to be a massive upswing in the price and people will look back at this time and these prices and be shocked at how little they could have bought a lot of what they sold out of panic , I have been trading with Lloyd’s Excellent strategy and I have been getting the best from it ever since my 8 months in contact with him, you don’t have to wait for an Upswing before making profits, you will end up loosing if you don’t find a way out on time,Trading Is the only way out Now, why we wait on the better days ahead of us. I am spreading this for those who have issues in turning in consistent profit in the crypto space. You can contact him on Gmail(lloydgarcia824@gmailcom)

  • smoky e says:

    Just hold..and see what happens…no one knows what will happen..no one on youtube seen this coming….so let's see what happens, but dont say it's not a threat.

  • JP Morgan coin just a distraction from what is important Token Taxonomy act

  • Terrell Mack says:

    Keep up the great work Cobb!



  • hey alex listen what this youtuber said about xrp in 11:50,,, make his views and info clear…

  • Cromwell 1 says:

    YEP LAST GASP TO TRY AND GET US TO SELL OUR XRP HOLD STRONG PEOPLE. IT WOULD NOT SURPRISE ME THAT IN A MONTHS TIME JPM TURN AROUND AND SAY WE HAVE DECIDED TO DITCH OUR COIN FOR THE TIME BEING.LOVE FROM THE UK.

  • this is the beginning of the end for xrp, jpm will see to that

  • you are all looking for a way for xrp to be needed now………….its not needed, sell while its not dropped too much

  • Ofc it is. Wake up!
    Even Santander reached a deal with IBM for THEIR blockchain technology.
    You guy keep living in XRP fantasy land, as if the rest of the tech, bank and financial companies are sleeping and can't create their own tech.
    Blockchain is software!

  • elxNIN says:

    So let me get this straight… JPM the biggest purveyor of the most fraudulent Fiat Ponzi scam in banking history who called bitcoin/crypto a Fraud and worthless while buying bitcoin/crypto dips, rolls out it's own proclaimed crypto (that really isn't even a crypto), and no one can use it for anything? lol This stupidity of JPM is something the crypto community is worrying about? LMFAO

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