JPMorgan warned the biggest long-term risk for Bitcoin is the shift by financial institutions to private blockchains

🚨 JPMorgan warned the main long-term risk for Bitcoin lies in big banks adopting private blockchains instead of public networks.
💡 Over $4 trillion in transactions have already been settled on JPMorgan’s closed Kinexys blockchain, bypassing direct use of $BTC.
🧐 The market for tokenized real-world assets is still experimental, with key regulatory changes unlikely to address Bitcoin’s core challenges.

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