J.P. Morgan internal report: Crypto ‘Unlikely To Disappear'

February 10, 2018 by Paul Spoerry 4 Comments

zerohedge on Twitter
“JPM crypto exec summary”

1. Cryptocurrencies are unlikely to disappear, here to stay.
2. Cryptocurrencies are the face of blockchain (echoing similar sentiment as CFTC chairman: cannot seperate blockchain from cryptocurrency.

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About Paul Spoerry

I’m a groovy cat who’s into technology, Eastern Thought, and house music. I’m a proud and dedicated father to the coolest little guy on the planet (seriously, I'm NOT biased). I’m fascinated by ninjas, the Internet, and anybody who can balance objects on their nose for long periods of time.

I have a utility belt full of programming languages and a database of all my knowledge on databases... I practice code fu. Oh, I've also done actual Kung Fu, and have a black belt in Tae Kwon Do.

I run. I meditate. I dance. I blog at PaulSpoerry.com, tweet @PaulSpoerry, and I'm here on Google+.

I'm currently work for IBM developing web enabled insurance applications for IBM and support and develop a non-profit called The LittleBigFund.

Comments

Le Mont Bennett (Mr Monte) says

February 10, 2018 at 2:54 pm

They are not going to be able to regulate it either, only try to control the market.
Paul Spoerry says

February 10, 2018 at 4:36 pm

They can regulate parts of it… getting your fiat in and out. I think an argument can be made for regulating things like ICO's.

Decentralized exchanged will make it harder to track for sure.
Le Mont Bennett (Mr Monte) says

February 10, 2018 at 5:04 pm

… especially if people use physical block chain banks.
Le Mont Bennett (Mr Monte) says

February 10, 2018 at 5:14 pm

Which I am all about!

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