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Author: Admin | 2025-04-28
In the Bitcoin community echoed similar sentiments on the cryptocurrency forum Bitcointalk, with many expressing confidence that miners will not support the removal of Bitcoin’s 21-million supply cap.Related: JPMorgan CEO’s dig on Bitcoin and Satoshi spark BTC hodl rumors on Reddit“Network participants will not run that code and it will have to go to a hard fork that almost nobody would support,” Bitcointalk user Kakmakr wrote. They added:“Bitcoin is not like fiat currency, you cannot simply switch on the money printers and increase the supply... You need consensus from the participants in that network.”The comments came in response to JPMorgan CEO Jamie Dimon doubting the finality of the 21-million Bitcoin supply maximum and slamming BTC for alleged use cases like “sex trafficking, tax avoidance, Anti-Money Laundering” in a CNBC interview on Jan. 17.Dimon’s hostile stance on Bitcoin didn’t prevent JPMorgan from getting involved in crypto. On Dec. 29, JPMorgan Securities was named as one of the authorized participants for BlackRock’s exchange-traded fund tracking Bitcoin.Magazine: 10 best long reads about crypto in 2023
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