JP Morgan is Threatened by Cryptocurrency! JP Morgan Chase has admitted that cryptocurrency poses a legitimate threat to their business model. J.P. Morgan Chase added a segment on cryptocurrencies to the “Risk Factor” section of their 2017 annual report to the SEC on Feb. 27.The annual report mentions cryptocurrencies under the “Competition” subsection when describing how new competitors have emerged that threaten J.P. Morgan’s operations: Saying “Both financial institutions and their non-banking competitors face the risk that payment processing and other services could be disrupted by technologies, such as cryptocurrencies, that require no intermediation.” ?⛏Sign up With CCG Mining Today!?⛏ https://www.ccgmining.com/aff.php?aff=7287 ?⛏Sign Up With Hashflare Today!?⛏ https://hashflare.io/r/99F887C3 ?⛏PURCHASE A TREZOR HARDWARE WALLET?⛏ https://trezor.io/?a=2RVPJGD5BLFB76B4DQ ?⛏Sign Up With Coinbase and Get $10 Free Bitcoin!?⛏ https://www.coinbase.com/join/59c54adac2fc3c00b7ff9671 ?Follow My Instagram!? https://www.instagram.com/jay_crypto/ ?Follow My Tumblr!? https://www.tumblr.com/blog/jaycrypto Tagged With: 0:03 Bitcoin JP Morgan 0:05 Cryptocurrency JP Morgan 0:07 Cryptocurrency Threatens JP Morgan 0:09 Bitcoin Threatens JP Morgan 0:11 JP Morgan Admits Cryptocurrency Is A Threat 0:13 JP Morgan Admits Bitcoin Is A Threat 0:15 JP Morgan Calls Cryptocurrency A Threat 0:16 JP Morgan Calls Bitcoin A Threat 0:18 JP Morgan Cryptocurrency 0:21 JP Morgan 2017 annual report 0:23 JP Morgan 2017 annual report Cryptocurrency