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RE: Cryptocurrency Market Will Get ‘Much Bigger’: Former JPMorgan Banker

in #bitcoin7 years ago

I understand completely why you would say that, but after thinking it through, I think it’s a good thing. The more innovative-minded types are joining the crypto band wagon but are after all bringing relevant financial markets experience with them. I think crypto needs to join the financial market - not fight it. At least for now. In the future perhaps crypto will be the only type of currency, but as that is almost certainly not going to happen like a military coup overnight, then it is good to transition industry players with the new products. Some will resist it to the end, and those players are unlikely to survive long-term.

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