Could this be the possible timeline of events for JPM?
2017 - Bitcoin is a fraud
2018 - Sorry we were wrong
2019 - JPM coin launches
2020 - More and more banks sign up to use JPM coin
2021 - They un-peg JPM coin from a dollar and allow it to trade freely
2022 - They abandon JPM coin and decide to use Bitcoin or XRP.
Stick that in your pipe and smoke it!