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Ep #19 - JPM Coin, Jack Dorsey and Bitcoin, Mt. Gox Resurrection
Manage episode 311203027 series 3089915
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In this week's episode of Cryptalk by Investing.com, our senior analyst Clement Thibault covers in depth the most important topics of the past year and provide explanations and analysis.
00:00-02:42 - Intro & Topics of the week
02:42-08:31 - This week, JPMorgan has become the first major US bank to issue its own cryptocurrency: JPM Coin. Is this the beginning of widespread adoption, or a gimmicky move by JP Morgan? We'll talk about the coin, its purpose, and its potential effect on XRP– which hopes to become the banks settlement coin.
08:31-13:48 - Jack Dorsey, founder of Twitter and Square, recently took part in a Twitter trust experiment between Bitcoin enthusiasts involving passing around a 'torch' symbolizing the community around the lightning network. He voiced his support for the Lightning Network, a Bitcoin layer 2 protocol, and seemed keen on implementing cryptocurrency payment technology in his products. Can Dorsey spur a new Bitcoin bull market?
13:48-18:06 - Finally, crypto investor Brock Pierce seems hell bent on resurrecting Mt.Gox. But it isn't going to be easy, as the ownership status of the defunct exchange is unclear. We'll explain why he wants to resurrect the moribund exchange whose name is synonymous with crypto mayhem, what’s happened so far, and what's next for Mt.Gox.
18:06–18:53 - Outro
It's a pleasure to be here every Sunday , reach out to me @ClemThibault on Twitter for comments. Thanks for tuning in!
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