Is the Chase Bank CEO Right About His Claim That Bitcoin is Worthless?

Update Coming Tomorrow 10-18-21 on a Dynamic Company That Seems to be a Bargain Right Now, Details Below

Good day everyone,

Our last report, on Pasithea Therapeutics (KTTA) saw the company value jump by 9%. The two previous reports we issued on NanoViricides, Inc. (NNVC) and Biotricity (BTCY) saw gains in the company value, after our reports, of 10% and 14% respectively. While none these are big gains, combined they add up to a respectable 33% over a ten-day period. We hope our members got some benefit from those reports.

We always try to report on companies that have unique technologies, are oversold, or represent underappreciated value. KTTA is working to develop drugs to treat the underlying causes of neurological disorders, BTCY is changing the relationship between physicians and patients, and NNVC is trying to end all human viruses starting with Covid 19 and its variants. We always hope to create a benefit for you from our reports, but keeping you informed about new and exciting developments in small cap companies is important too.

Every week I read an article about Jamie Dimon, CEO of JPMorgan Chase blasting Bitcoin, calling it worthless. Curiously, as he is publicly airing his dislike for Bitcoin, the price of BTC is going up, currently $60,773 at the time of this writing. All the while that Mr. Dimon is disparaging BTC, the bank he leads is developing a presence in the crypto currency universe.

Chase Bank financial advisors can now facilitate trades in crypto currency for their wealth management clients. Chase Bank has also developed the JPM Coin, a stable coin tied to the US Dollar on a 1:1 basis. JPM coins are not available to trade yet, they are used within the Chase system, on their own proprietary blockchain to facilitate customer payments.

Banks and government are now forced to take crypto and blockchain seriously. The benefit to consumers, De-Fi, Smart Contracts, Supply Chain/Transactional Tracking and more, can no longer be ignored by them. Considering the growth in crypto and blockchain usage over the past decade, the question for today is where will they be ten years from now?

I want to update you on a company we feel is oversold, with tremendous intrinsic value. In fact, when we apply valuation methods to this company is appears the company value could double and still look like a bargain.

We like the business model of this company, as it geared toward building the bottom line, and the projects they have in development are promising and exciting. There are new developments happening with this company that we think you need to know and will appreciate.

Stay tuned and stay informed.

The Traders News Group


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