JP Morgan Calls Bitcoin a ‘Stablecoin’?

by ChainChirp
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TL;DR

  • OpenSea simply launched a bunch of recent options in what the platform is asking ‘OpenSea Studio.’

  • Straightforward fee processing, primary platform compatibility, ‘no code’ design, and a consumer expertise that is so intuitive it does not require a guide? These are all staples of the Web2 house.

  • Here is what else we’d have appreciated to have seen: A manner for creators to program their NFT artwork/performance to be eliminated/paused if a vendor lists them on a zero royalty market – and switched again on the second the NFT is de-listed.

Full Story

We simply listened to Tyrone Lobban (the top of JP Morgan’s blockchain division) discuss on the Digital Asset Summit, so that you don’t must!

The large takeaway from Ty-Lo’s discuss?

The normal monetary world ain’t all that enthusiastic about crypto…however they’re very eager on tokenization!

Based on Ty-Lo, 99.9% of his conversations with purchasers are about tokenized property, not crypto.

What does that imply?

Crypto = digital forex, tracked utilizing blockchain know-how.

Tokenized property = conventional funding property (suppose: shares, bonds, and actual property) tracked utilizing blockchain know-how.

Which, okay, if the headline right here is: “Banker not that into crypto, however eager on making the stuff he already trades extra environment friendly” – it’s not all that shocking.

What got here from left area, for us, had been his feedback on Bitcoin:

“Bitcoin could also be extra like a stablecoin these days”, and “the times of large returns on Bitcoin are presumably behind us for some time.”

…which looks as if a bizarre take, proper? For an asset like BTC, which has nearly doubled year-to-date:

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