JPMorgan Crypto Bible: Cryptos are unlikely to disappear completely

JPMorgan just published their "cryptobible", including statements like:

  • CCs are unlikely to disappear completely and could easily survive in varying forms and shapes among players who desire greater decentralization, peer-to-peer networks and anonymity, even as the latter is under threat
  • There is the potential for increased usage of Blockchain in cross-border payments, settlement/clearing/collateral management as well as the broader world of TMT, Transportation and Healthcare but only where any cost efficiencies offset regulatory, technical and security hurdles.

Nice to see that Jamie has come around so quickly.

Source

Submitted February 11, 2018 at 11:59PM }
via reddit http://ift.tt/2EmQGDy

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