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Regimes used to fear journalists. Now they fear Polymarket.
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At Coinbase in 2015 we convinced USAA to use the Coinbase API to allow everyone with a USAA bank account to connect their Coinbase account and view their Bitcoin balance. It was before Ethereum existed and felt like a huge deal at the time. 10 years later JP Morgan is launching a stablecoin on Ethereum and more banks are on the way. Crazy.
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If you used Bitcoin early, you understood the limitations and then saw Ethereum. If you used Ethereum early, you saw all the products it enabled like stablecoins, DeFi, prediction markets and NFTs. Newcomers always want to jump into hyped up narratives to make money but you can never go wrong ignoring narratives and just letting the use of products guide you.
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If you want stablecoin exposure, ETH is the ticker
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JP Morgan is deploying a stablecoin called JPMD on Base. The future of the S&P 500 is Ethereum.
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