Breaking - (IJCH) J.P. Morgan's Blockchain Plus zk-snarks and My Cognitive Dissonance.

IJCH - Inside JaiChai's Head (meaning: My warped, personal opinions and musings.)

From the Author

Salutations

I am JaiChai.

And if I haven't had the pleasure to make your acquaintance, it's very nice to meet another fellow Steemian.

"Hey J.P. Morgan. Your actions are so loud, I can't hear what you're saying!"

Am I the only one that can't marry up J.P. Morgan's mouth with their actions?

I mean, first they bash Bitcoin, the blockchain and all that is cryptocurrency.

They have repeatedly towed the party line of the Global Financial Elite (i.e., J.P. Morgan's call for transparency and preaching the necessity of federal oversight; supposedly to "protect naive investors").

Then they leverage the last cryptocurrency Bear market into a sizeable war chest.

Now?

They have their own blockchain called Quorum.

Not only that, they are incorporating Zcash's anonymizing technology called zk-snarks.

See my article:

https://steemit.com/cryptocurrency/@jaichai/privacy-centric-coins-rapidly-gaining-popularity-a-better-alternative-for-zero-knowledge-untraceable-transactions.

They even made it a point to publicize the absence of "The God Key" - the key that enables authorities to make after-the-fact changes to smart contracts; as if to appeal to the growing crowd of cryptocurrency users who prefer " Privacy Coins".

Seriously, am I the only one who thinks J.P. Morgan is just trying the blow smoke up the public's *ss?

Get the details of J.P. Morgan's latest antics here:

https://www.coindesk.com/jpmorgan-integrates-zcash-privacy-tech-enterprise-blockchain/

By JaiChai

Many thanks for reading my post. And if you enjoyed it, please: Upvote, Follow, Comment and Resteem. - JaiChai "My mind was a terrible thing to waste..."

"I'm sexy, no?" - JaiChai's Longtime Girlfriend

About the Author

JaiChai has been in the cryptocurrency space for over 6 years. He is an enigma, regarded by his cohorts as sarcastic, funny, intuitive - but most of all, elusive. JaiChai alternates long dormant periods with concentrated episodes of frenzied commentary - only to go silent again. He’s known for randomly submitting philosophical and contrarian posts on most cryptocoin forums.

When asked about his vanishing acts, he says, "I’m just somebody who enjoys being nobody because I look like everybody. Besides, time checking things off my 'bucket list’ - sans notoriety - is time well spent."