JPMorgan Chase CEO: All Crypto Will Be Government Controlled

in #crypto7 years ago

While predicting that all digital currencies will eventually be finalized and this government will be controlled. On January 9, JP Morgan Chase President and CEO Jamie Damon talked about the feasibility of decentralized cryptocurrency, with frustration.

This conference is asked how he plays decentralized cryptocurrencies "Shadow Economy" for long periods and Damon says pessimistically. Among the questions answering this in the conference, Dimon has focused on confusions. This is Damon commented at the JP Morgan Health Care Summit in San Francisco today. Instead, Damon has been emphasizing only digital currencies which will see the mainstream adoption and usage as government in the form of postures, and this decision will be in the form of a digital dollar to predict any cryptocurrency. The mainstream adoption will reach that its global governments will not allow it.

Source - https://cointelegraph.com/news/jpmorgan-chase-ceo-all-crypto-will-be-government-controlled

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Can this favour the currency...... ?

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