πΊπ°π Jamie Dimon lashes out against crypto: βIf I was the government, Iβd close it downβ πΊπ°π
(www.cnbc.com)
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They did. It was the first thing Dimon helped do once he had Consensys.
Proof of Stake is a fancy way of saying, "he who has the gold makes the rules," and JPMorgan has the gold.
Most people don't know this, but before JPM got involved with ETH they made an Ethereum clone called Quorum. Their intention was to create an enterprise-only blockchain. It didn't get any traction, so they abandoned the project and began making moves to hijack ETH instead.
Jamie "you should shut down Bitcoin" Dimon has been heavily involved in crypto since the beginning.