until yesterday evening no one in USA media press was giving a damn to what the president of jp morgan said. the fault of this situation was all on china ban, in their opinion.
Because China's ban affect directly the exchange market destroying a big part of bitcoin blockchain if they don't find a way to come out this situation. It will be not easy.
this is the last chance for people who rules the world to stop cryptocurrencies. I'm sure they will use blockchain and decentralization in an year or two for the fiat or stock exchange market. but cryptos is something out of their control, so they are trying to eliminate it. I hope in vain.
China, that is a not democratic state can ban directly, just because the party wants to do it, they don't have to be elected. USA, that, as the leader of western world, is a "democratic" state is trying to make people scared and wary about cryptos, so it will be people's will to reject "democratically" the menace. This is a mass manipulation.
