In this episode of Empire's Weekly Roundup, we bring on Matthew Blumberg and Byron Gilliam to discuss how J.P. Morgan - the largest bank in the US - just made history.
What happened? J.P. Morgan executed their first trade on a public blockchain (sup Polygon) using an Aave Arc clone. Tune in to find out what happened, why J.P. Morgan chose Polygon, how enterprise crypto adoption will likely play out and more!
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Timestamps:
(00:00) Introduction
(00:42) JP Morgan’s Aave Trade, What Happened?
(10:53) Permissioned DeFi, Why Do This On-Chain?
(25:09) The Aave Mafia
(26:08) Will Polygon Remain "Loyal" To Ethereum?
(31:50) Why J.P. Morgan Chose Polygon
(37:51) Social Media Is Adopting Web3
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Resources
Decent Crypto Podcast (hosted by Matt)
https://spoti.fi/3FKxBJW
Ty Lobban's tweet thread on the J.P. Morgan trade
https://twitter.com/TyLobban/status/1587679344792829954
Erik Voorhees & SBF on Bankless
https://spoti.fi/3FIPw3M
Sandeep's tweet on Polygon "bringing the world to Ethereum"
https://twitter.com/sandeepnailwal/status/1587949120031006721
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.