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Jamie Dimon Called Bitcoin a Scam. Now $4T JPMorgan’s Selling It

Jamie Dimon Called Bitcoin a Scam. Now $4T JPMorgan’s Selling It

The Bitcoin Playbook · Josh Friedeman

May 30, 202550m 49s

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Show Notes

<p><a href="https://www.bizbitshow.com/guide">DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE</a></p> <p>This free, 27-page resource includes:</p> <ul> <li>Six ways ANY business can benefit from Bitcoin</li> <li>Some of the best Bitcoin-only businesses to partner with</li> <li>Key Bitcoin concepts for people getting started</li> </ul> <p>Jamie Dimon once called Bitcoin a scam — now JPMorgan is offering it to clients. What changed? In this sharp business roundup, we break down Wall Street's slow pivot, why Ledn went Bitcoin-only, and how Steak 'n Shake Lightning payments signal a shift in real-world adoption. We also explore the bold idea of the U.S. acquiring 1M BTC as part of a sovereign reserve strategy.</p> <p>Featuring Joe Ianni (Lyncster) and Trey Sellers (Unchained), both trusted advisors to institutions, family offices, and Bitcoin-native businesses.</p> <p>🌐 CONNECT WITH JOE</p> <ul> <li>🌍 Website: <a href="https://lyncster.com">Joe's Website</a></li> </ul> <p>🌐 CONNECT WITH TREY</p> <ul> <li>𝕏 X:</li> <li>🌍 Website:</li> <li>🌍 Substack: <a href="https://firebtc.substack.com/">Trey's Substack</a></li> </ul> <p>🌐 CONNECT WITH JOSH</p> <ul> <li>𝕏 X:<a href="https://twitter.com/joshuafriedeman">@joshuafriedeman</a></li> <li>🔗 LinkedIn:<a href="https://linkedin.com/in/joshuafriedeman">@joshuafriedeman</a></li> <li>📺 YouTube:<a href="https://www.youtube.com/@joshuafriedeman?sub_confirmation=1">@joshuafriedeman</a></li> </ul> <p>TAKEAWAYS</p> <ul> <li>Jamie Dimon’s reversal highlights how even the biggest Bitcoin critics are now strategically adopting BTC.</li> <li>Ledn dropping altcoins signals a growing institutional preference for Bitcoin-only infrastructure.</li> <li>Lightning is reaching real-world consumers — with Steak ‘n Shake now accepting Bitcoin.</li> <li>Spending vs. HODLing isn’t just a meme — it’s becoming a macroeconomic decision.</li> <li>The Bitcoin-only movement is accelerating, leaving no room for crypto dilution in serious institutional plays.</li> <li>Institutional interest is no longer exploratory — it’s strategic, tactical, and public-facing.</li> </ul> <p>SHOW PARTNERS</p> <p>Mentioned in this episode:</p> <p><a href="https://www.bizbitshow.com/strong-wealth">Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners</a></p> <p><a href="https://www.bizbitshow.com/velas-commerce">Velas Commerce: Biz Tech Meets Bitcoin</a></p> <p><a href="https://www.bizbitshow.com/guide">DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE</a></p>