Former CFTC Boss Says Vatican Letter Prepared Him To Be ‘Crypto Dad’ - News Summed Up

Former CFTC Boss Says Vatican Letter Prepared Him To Be ‘Crypto Dad’


You know, “Crypto Dad,” and the one that my mother doesn’t like, “Bitcoin Jesus,” and all these other things. I believe Ameribor is the right thing for America’s medium and small banks, and I really believe in market diversity. In 2018 I had the opportunity to respond to a letter from the Vatican on the ethics of modern finance, which even talked about derivatives. I think there’s a logic to nation-states with a national currency moving to create a digital component of that currency. But in terms of magnitude, it’s an incredibly important marketplace where I think there’s interesting opportunity for application of blockchain technology.


Source: Forbes December 02, 2019 18:04 UTC



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