tldr; JP Morgan Chase CEO Jamie Dimon has said that Bitcoin and other altcoins are not valueless. Cryptocurrencies decide their value from their profitable models and the demand from the requests. Bitcoin’s total supply is limited to 21 million coins, meaning that no inflation can affect Bitcoin. Bitcoin has increased its total market cap since it was first launched and now stands at $30,000.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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