JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report

So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that riffs on “The Maltese Falcon,” the 1941 film about a priceless artifact that comes to symbolize greed, and which turns out, in the end, to be fake.

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