A Letter to Jamie Dimon

blog.chain.com

J.P. Morgan CEO Jamie Dimon recently expressed skepticism about the potential for Bitcoin and cryptocurrencies, and he's not alone. Many people who haven't studied cryptocurrencies and the technology behind them in depth see massive amounts of money funding immature projects (see the Tezos article below) and assume the industry is rife with pyramid schemes and bubbles. This open letter was widely shared this past week as a great primer on cryptocurrencies that acknowledges some of the valid criticism while providing information on the real areas of innovation, such as decentralized applications, that cryptocurrencies provide. A great read for those new and old in the world of crypto.

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