Friday, December 9, 2022


JP Morgan veteran: Blockchain may end Commercial Banks

By DAC000 , in Blockchain Cryptocurrency , at December 2, 2020 Tags: ,

fascinating interview with JP Morgan’s former global head of energy trading, Daniel Masters, in which he suggests Blockchain and Cryptocurrenices could spell the end of Commercial Banking. About a five minute read.

Comment: an excellent forward looking perspective, reiterating a view that by now should be obvious to anyone knowledgable about Cryptocurrencies — once Central Banks begin issuing Crypto the role of Commercial Banks in the Financial System is redundant.

https://www.forbes.com/sites/michaeldelcastillo/2020/10/24/jp-morgan-veteran-daniel-masters-explains-how-blockchain-will-end-commercial-banks/?sh=76c23d296bdd

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