John Mack: “Cryptocurrencies will become the basis of monetary transactions”
The former CEO of Morgan Stanley acknowledged that digital assets have a number of advantages over traditional finance. John Mack noted that cryptocurrencies will play a key role in the digitization of the economy: “Let’s take cryptocurrency. It’s hard for me to understand why it has value. Perhaps in fifty years this will become the main way to conduct monetary transactions. It’s easy to do. Then you won’t have to worry about placing funds in…
