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Who's pitching "but blockchain"? While you show clear ridicule for some sort of "blockchain fad", I don't see anyone pitching a solution here. I see JPM liter
by LMYahooTFY 8y ago
Who's pitching "but blockchain"?
While you show clear ridicule for some sort of "blockchain fad", I don't see anyone pitching a solution here.
I see JPM literally implementing one, and I would assume there is a cost reduction they've calculated.
- dboreham 8y agoTypically the cost reduction expected is due to eliminating rent seekers.
- toomuchtodo 8y agoWhich rarely happens, as new rentseekers replace old rent seekers.