⚰️ [Analysis] JPMorgan just killed the Bitcoin dream - Ben Walsh

The anarcho-capitalist monetary revolution is dead. With J.P. Morgan's launch of an internal stablecoin, the end-use of the cryptocurrency revolution has been realized and blockchain technology is officially in the 'boring' statge. The tech, described as a knife at the throat of bloated financial systems has become only another entrenchment tool for middlemen. Blockchain, and stablecoins built on them like JPM's digital coin, allow for instantaneous transfer of payments between institutions around the world. Massive market movers like JPM, furthermore, have pre-built internal systems with massive reach. The revolution, it seems, only helped the opponent.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.