Sunday, September 24, 2017

Did Jamie Dimon threaten us with socialist monetary police?

Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

He also said we already have digital dollars, true.  

But, now he brings the government into this,  he is going to demand government code in our secure elements.  The issue is secure network and auto traded cash.

In secure network, auto trading removes arbitrage moments from the money and equity markets.  His research guy needs to explain this to him, and at this point auto traded cash layer is becoming future consensus.

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