News, Editorials & Opinions

Cryptocurrency Market Will Get ‘Much Bigger’
Apr 22, 2018
 

Daniel Masters, who previously led JPMorgan’s global energy trading desk, says cryptocurrencies are fueling a financial revolution. Masters is now chairman of digital investment bank Coinshares and chief investment officer at Global Advisors, and he explained in an interview with Bloomberg how distributed ledger technology is doing for the democratization of peer-to-peer transactions what the internet did for the democratization of news.

Masters described a “regulatory sandbox” environment where digital assets resided for the past five years or so through the end of 2017. He said an ecosystem that’s $1 billion – $10 billion in size “is almost experimental in the scope of the main financial system.”

Source: CCN (https://www.ccn.com/cryptocurrency-market-will-get-much-bigger-former-jpmorgan-banker/)

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