J.P. Morgan Now Supports Blockchain Tech - But Don't Worry, It's on Ethereum

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They were going to get on board anyways. I'm glad they got on board while Ethereum was still a thing. This should create a lot of inefficiencies. You can check out there official product at https://www.jpmorgan.com/country/US/en/Quorum

 

Quorum™ is an enterprise-focused version of Ethereum. Quorum is ideal for any application requiring high speed and high throughput processing of private transactions within a permissioned group of known participants. Quorum addresses specific challenges to blockchain technology adoption within the financial industry, and beyond.

We have nothing to fear unless they get on board Hashgraph. Just notice the hypocrisy and let this be educational ad improve your own critical thinking. Kālāma Sutta can provide some good insights.

 

The Buddha proceeds to list the criteria by which any sensible person can decide which teachings to accept as true. Do not blindly believe religious teachings, he tells the Kalamas, just because they are claimed to be true, or even through the application of various methods or techniques. Direct knowledge grounded in one's own experience can be called upon. He advises that the words of the wise should be heeded and taken into account. He proposes not a passive acceptance but, rather, constant questioning and personal testing to identify those truths which verifiably reduce one's own stress or misery (Pali: dukkha).

The Kalama Sutta states (Pali expression in parentheses):[4]

  • Do not go upon what has been acquired by repeated hearing (anussava),
  • nor upon tradition (paramparā),
  • nor upon rumor (itikirā),
  • nor upon what is in a scripture (piṭaka-sampadāna)
  • nor upon surmise (takka-hetu),
  • nor upon an axiom (naya-hetu),
  • nor upon specious reasoning (ākāra-parivitakka),
  • nor upon a bias towards a notion that has been pondered over (diṭṭhi-nijjhān-akkh-antiyā),
  • nor upon another's seeming ability (bhabba-rūpatāya),
  • nor upon the consideration, The monk is our teacher (samaṇo no garū)
  • Kalamas, when you yourselves know: "These things are good; these things are not blamable; these things are praised by the wise; undertaken and observed, these things lead to benefit and happiness," enter on and abide in them.'

Thus, the Buddha named ten specific sources whose knowledge should not be immediately viewed as truthful without further investigation to avoid fallacies

 


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