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January 12, 2018, 01:25:36 PM |
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In general I would argue that cryptocurrencies could be seen as a "belief system" in that most of them strive to achieve certain values that are usually not ascribed to money, such as indepence, privacy and censorship-resistance. Especially the latter seems to be a rather curious aspect to most people, as usually there's little thought spent on how money is not as free to move as one is led to believe.
Regarding Jamie Dimon however, I guess he just doesn't want to end up being the guy that said "the internet is a fad". The focus on the turn of phrase is likely due to the fact that the term blockchain has for the most part become devoid of actual meaning, making it an empty hull that could mean anything you make it out to be. It follows that the discourse becomes more a matter of "faith" than of meaningful arguments.
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