JP Morgan executes first Defi Trade on public blockchain

Somebody should probably tell Jamie Dimon that his bank is passing him by. :joy:

Andy

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Jamie Dimon is talking about cryptocurrencies. Your first article is about tokenized assets on a blockchain (ethereum layer 2 protocol and Yen / Singaporean dollars) and simulated trades of bonds.

Cryptocurrencies can go to zero at the same time using a private or public blockchain for tracking tokenized real currency or illiquid assets can do fine.

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Ethereum is a cryptocurrency that powers the ethereum chain. If it goes to zero than the Ethereum chain wont be around any more

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Here is an article that explains it.

What Would Happen if Ethereum's Price Crashes to Zero?.

Andy

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