JP Morgan veteran: Blockchain may end Commercial Banks

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.