Quote from: Carlton Banks on July 20, 2018, 12:53:30 PM

Quote from: SlipMart on July 20, 2018, 12:41:08 PM

Multinational banking giants JPMorgan Chase is betting on six cryptocurrencies: Bitcoin, Ethereum, Ripple, Dash, Cardano and Litecoin to survive in the long term.

Strange selection.

The design fundamentals for Ethereum & Dash are pretty terrible, it's amazing they've survived this long (Dash probably only because there's so little transaction activity to abuse).

Litecoin is going to lose any small utility is has on a far shorter timeframe once Lightning becomes more developed & popular.

Ripple doesn't really have much of a use case; it's essentially a SWIFT/ACH competitor, but any problems in SWIFT or ACH-like networks will cause fiat to become less stable, making Bitcoin compare far more attractively (people have mostly heard of Bitcoin, however unsure they are of it, you can't say that for Ripple).

And Monero's not on the list? Strange list (never looked at Cardano, anyone know something about it?)

Maybe because the ETH and Dash have good community support.

Naughtid

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