JPMorgan's words hit hard: institutions are playing with private blockchains, leaving Bitcoin as a bystander.

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CoinNetwork
CoinWorld news, JPMorgan said that the biggest risk facing Bitcoin is not the huge holdings of Strategy, but private-permissioned blockchains like its own Kinexys platform. The platform has processed $4 trillion in transactions outside the public network. JPMorgan believes that if institutions fully adopt blockchain technology through private systems they control, while the technology will win, Bitcoin may not follow.
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