Another epic bout of fear-mongering directed against the Disruptors by the Establishment. There have been similar scare-stories on this subject available to read in the media. The rise of the crypto-currencies has the financial regulators, the commercial banks, and even the fintechs thoroughly worried. They see it as a direct assault on their established position. Read the attached article. Is there any substance? Or is it just another case of maintain our status quo?
You can access the latest Project Syndicate article HERE