They say that jealousy is just love and hate at the same time. You can look no further than J.P. Morgan’s Jamie Dimon for evidence of this. The beloved CEO came out in public to state that he saw Bitcoin as a massive fraud. Not only did he denounce bitcoin, but he seemed to denounce all other cryptocurrencies along with it. Only 6 months later did Mr Dimon, and his financial services industry retract their statement, and another 6 months after that did the news spread that they too were working on their own decentralised blockchain.

It seems that Schrödinger's Banker has finally sprung forth from the banking sector. Not only do they love the concept that crypto can provide them with even less work to do, but they hate that it could render many bankers redundant.

The great physicist Erwin Schrödinger's famous thought experiment centred on a cat. The cat, he so proclaimed, was both dead and alive, due to the Copenhagen interpretation of quantum mechanics. But for the record, let’s focus on the fact that he had a cat. The cat is important for this story.

For those of you that have owned a cat, you will notice a few simple things that make them incredibly cunning, clever and lucky, but with their might comes a willingness to disobey every rule you set for it. A cat can’t be trained. A cat can’t be regulated. It’s just a cat.

Bankers are like cats. They have their wits about them. They’re incredibly smart. They have some of the best survival skills known to man. But unless they have some kind of regulatory body to both feed them and pet them, they will probably run amok.

Schrödinger's Banker can’t decide if crypto (which is the one market that will produce bigger returns than both tech and mining combined) is the best market to be in, or the worst technology on earth. Crypto markets go against the very nature of what a banker wants in an asset or commodity, but they can’t help but look anyway.

Perhaps more fittingly, and something we are starting to see a bit more nowadays, is the idea that the Banker “Cats” want revenge on the Crypto “Mouse”, but in doing so only wreak greater havoc upon themselves.

For those that grew up in the same era I did, you may remember a morning cartoon called Tom & Jerry. These two characters would go out of their way to ruin each other, for no other reason than Tom the cat felt compelled to eat Jerry the mouse. Though there is very little to be said here for character development, one can’t help but wonder that the Banker cats feel biologically compelled to destroy or consume crypto because it is a new market, and that’s what Bankers do when new markets come up. This is Road Runner and Coyote. This is Tweetie Bird. This is every cartoon under the sun.

Whatever the case, it is only a matter of time before we realise that Schrödinger's Banker is a ridiculous premise. The fact that the financial services sector can’t decide what they believe shows one thing. They’re uncertain, which means they’re hesitant. Hesitation only leads to making the wrong move.