(And anyone else still struggling to understand cryptocurrencies)
Dear Jamie,
My name is Adam Ludwin and I run a company called Chain. I have been working in and around the cryptocurrency market for several years.
It’s easy to believe cryptocurrencies have no inherent value. Or that governments will crush them.
It’s also becoming fashionable to believe the opposite: that they will disrupt banks, governments, and Silicon Valley giants once and for all.
Neither extreme is true.
The reality is nuanced and important. Which is why I’ve decided to write you this briefing note. I hope it helps you appreciate cryptocurrencies more deeply.
Source/More: A Letter to Jamie Dimon – Chain