Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
Monday, March 19, 2012
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Title : Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
link : Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
JPMorgan late announced the launch of its ain cryptocurrency, ecoin.
This came somewhat of a surprise since JPMorgan CEO Jamie Dimon has been a critic of cryptocurrencies.
Last August at the Aspen Institute’s 25th Annual Summer Celebration Gala, he called cryptocurrencies a “scam” together with equally good said he had “no interest” inward the world’s largest digital currency, Bitcoin.
So what gives? Is Dimon directly a self-hating crypto man?
Yes together with no.
The banking concern is getting involved inward crypto but inward a different, mysterious way.
Cryptocurrency skeptic Nouriel Roubini, who has pointed out a lot of valid problems amongst cryptocurrencies, had this to say most Dimon's entry inward the field:
So if he is running a "scam," it's on the people who intend he but created his ain run-of-the-mill cryptocurrency. He has not. He in all probability all the same hates that stuff.
-RW
You are now reading the article Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer? with the link address https://inspirationsbymeforyou.blogspot.com/2012/03/has-jpmorgans-jamie-dimon-turned-into.html
Title : Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
link : Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer?
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| Jamie Dimon |
This came somewhat of a surprise since JPMorgan CEO Jamie Dimon has been a critic of cryptocurrencies.
Last August at the Aspen Institute’s 25th Annual Summer Celebration Gala, he called cryptocurrencies a “scam” together with equally good said he had “no interest” inward the world’s largest digital currency, Bitcoin.
So what gives? Is Dimon directly a self-hating crypto man?
Yes together with no.
The banking concern is getting involved inward crypto but inward a different, mysterious way.
Cryptocurrency skeptic Nouriel Roubini, who has pointed out a lot of valid problems amongst cryptocurrencies, had this to say most Dimon's entry inward the field:
In which agency has the novel alleged JPMorgan crypto money anything to create amongst blockchain/crypto? It is somebody non public, permissioned non permissionless, based on trusted regime verifying transaction non trustless, centralized non decentralized. Calling it crypto is a joke.So inward other words, JPMorgan is using cryptography but that is equally far equally it gets compared to cryptocurrencies that are public, permissionless together with decentralized. Jamie's ecoin is none of these.
So if he is running a "scam," it's on the people who intend he but created his ain run-of-the-mill cryptocurrency. He has not. He in all probability all the same hates that stuff.
-RW
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You are now reading the article Has Jpmorgan's Jamie Dimon Turned Into A Cryptocurrency Scammer? with the link address https://inspirationsbymeforyou.blogspot.com/2012/03/has-jpmorgans-jamie-dimon-turned-into.html