For JPM seems to be suffering from internecine warfare, a faulty reporting systems, m a weak trackingability on risk control and holes galore in its risk management edifice.
While public authorities will certainly be challenged by the introduction of a monetary unit that cannot be manipulated for political purposes, bitcoin in some cases does have the ability to provide tracking capability that far exceeds that of national cash or money substitutes.
For instance, they allow far superior tracking of business purchases than do personal credit cards while also giving you the ability to assign credit cards with individual limits to your employees, which you then earn rewards on.