Correct. JPM Coin and its near-twin the Petro lack the predominant source of value that distinguishes cryptocurrencies from bank money: trust minimization.https://twitter.com/techieappy/status/1096138232188882944 …
-
I’m not sure they actual need trust minimization. Their client will be the one using JPM Coin and they already trust them...
![TOXIC Hash [☣🛡⚡🌮 🔑]](https://pbs.twimg.com/profile_images/1143221030296727552/lHJmJ39V_normal.jpg)
-
-
Well,JP Morgan is the largest bank in the world, so their customer base is ok. Once wholesale customer that are not with them see the benefit of JPMcoin in comparison to SWIFT they will move to JPM. Those customer already trust the bank why would JPMcoin need trust-minimization?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.