Crypto Needs Its iPhone Moment | James Zhang
Episode publishedPodcast: EmpireEmpire
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I mean, it's not because Western Union is, like, evil. You could argue maybe this is about too value extracted. They just need to run it through a traditional financial rails, and that's expensive. Right? Verification, the t plus I, all of that. The it's not easy to do. You know, you really appreciate what crypto's built in decentralized finance and stable coins when you travel, when you wanna send a wire internationally. It takes days. It's cumbersome. It's difficult. Crypto collapses that. And I've always felt that that's, like, the killer use case of crypto in many ways. Like, just if even
We're just trying to be the on chain Apple. That's it. I think that's the, honestly, best comparable to put us. I'm not even gonna say 10¢ or WeChat because we don't deal in data in that way. But the Apple, it's very much from hardware to software to how we're owning the stack. It's a big part of what we're trying to
do. Alright. Welcome back everyone to Empire. We have a returning guest, James cofounder, CEO of Jambo. Welcome back, James.
Appreciate you, Santee. Appreciate the Empire pod. How are you doing, viewers?
This is gonna be, a very exciting episode for a couple of reasons. I think crypto is entering mainstream. I think there are few but important companies like Jumbo that are really just been laser focused on go to market. I've been thinking about this a lot from the inversion side of the house, which is it is time to take crypto mainstream. There are a lot of the blockers, a lot of the reasons why the tech, the maturity of that, the regulatory landscape is is there, and I think you guys have been on a journey over since I invested so many years ago. You've survived. You've really leaned in, you
Awesome. Appreciate it. First of all, I think your form was okay, to be honest. And you did, like, 20 something pull ups, not push ups, because we had a big pull up challenge at the booth. But I think there's a lot of I didn't know there's so many fitness influencers in crypto, that were looking at the form. So awesome. I guess, let me start my background super quick. James, the cofounder and CEO of Jambo. I'm ethnically Chinese, but grew up in the cent in Central Africa and the Democratic Republic of Congo. Family's 3rd generation from there. Grew up my entire life. This is a big part why I s
That's a that's a how does that position you in terms of for people to just have context, like, relative to, like, other projects in crypto? Like, you you have what is it? 4,100,000 wallets, 128 countries. I mean, the the other project that I can just think of that doesn't get nearly enough credit that has really evangelized adoption, particularly of Tether, is Tron. I mean, they just have boots on the ground. How have you guys gone to that position? Like, do you just have an army of people that are incentivized to just evangelize and go and acquire customers? Like, what walk me through, like,
100%. I really appreciate that you bring up Tron. You bring up Tether. Honestly, I think Tron, Tether, Jambo, whichever, obviously, they're a lot more baller, have done a lot more adoption. I think we all solve one issue. Like, why it matters is it addresses the choke point of crypto adoption, onboarding and accessibility. Now if you think about it, if you don't empower users in emerging markets to actually leapfrog the digital economy and bridge the gaps in financial inclusion, like, through decentralized tools and education, then you really can't onboard them to crypto. Like, even if tomorro
Yeah. Your your messaging is, you know, you're building the world's largest on c
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