Unchained14 Kesä 2024

Are Memecoins the Next Evolution of Wall Street Bets? - Ep. 659

Nathaniel Popper just published his latest book, "The Trolls of Wall Street," covering the Wall Street Bets phenomenon. Funnily enough, his book comes at a time when there are striking similarities with the current memecoin mania in crypto. In this episode, Popper explores the rise of online investing communities like Wall Street Bets and their reflection of broader societal changes, particularly among young men. He also touches on the parallels between the trolling culture of these communities and the rise of figures like Donald Trump, and delves into the hidden dangers and psychological influences of memes in modern investing. Show highlights: 01:21 The rise of online money communities and the shift towards investing based on ideas rather than traditional financial fundamentals 04:06 How the changing roles of young men in society have influenced the growth of crypto and online financial communities 13:36 How Robinhood's design choices changed retail investing, sparking FOMO and controversy by making trading as easy as a swipe 18:04 The hidden dangers of memes in modern investing, and how they balance fostering community with driving speculation 22:56 Why Trump's ties to the crypto community highlight the mix of serious intent and trolling 30:07 Crypto News Recap Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! iTrustCapital Polkadot Guest Nathaniel Popper, author of The Trolls of Wall Street Links Previous coverage of Unchained on memecoins: Unchained: Why Memecoins Have Been 2024's Most Profitable Crypto Trade: Ansem and Kelxyz - Ep. 641 BRETT Becomes First Memecoin on Base to Reach $1 Billion in Market Cap DWF Labs to Invest in Memecoins, Onchain Data Reveals LADYS Transactions Celebrity Tokens Continue to Bleed With Some Memecoin Traders Losing Six-Figures The book: Blockworks: What do memecoins and meme stocks have in common?: A review of ‘The Trolls of Wall Street’ Fortune: Q&A with the author of ‘The Trolls of Wall Street’: Gambling, conspiracies, and the return of Roaring Kitty, Meme culture WSJ: Meme Stocks Are Back, but Fund Investors Moved On Meet the ‘Degen’ Traders Fueling the Latest Meme-Stock Mania CoinDesk: In Defense of Meme Coins What else could memecoins be? By Vitalik Buterin Learn more about your ad choices. Visit megaphone.fm/adchoices

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1147)

Quantum Computing Got 20x Closer. It Threatens A Third of All Bitcoin

Google just set a deadline. Quantum computers could break Bitcoin's encryption by 2029. Are blockchains ready? Sponsored by ⁠Nexo⁠ Nexo is the premier digital wealth platform. Receive interest on yo...

3 Huhti 1h 9min

Bits + Bips: Grid Congestion Is Energy’s L1 Problem. This Crypto Company Has a Solution

Oil above $100, Qatar's LNG infrastructure in ruins, and a 150-year-old grid buckling under AI-era demand: Sean Murray breaks down why energy has an L1 problem and how Fuse is building the crypto-nati...

28 Maalis 45min

Why AI Agents Might Require Humans to Transact More Than as You Think

Will AI agents use cards or stablecoins? Here’s how two crypto VCs see the agentic future shaping up. Sponsored by Nexo: A crypto lending and borrowing platform that lets users earn interest on digit...

27 Maalis 38min

Uneasy Money: How the Resolv Hack Shows an Audit Doesn't Mean 'Secure'

Chaos Labs’ Omer Goldberg joins the crew to dig into the Resolv Labs exploit. Why was the USR minting function controlled by a single key? And how did audits miss it? Thank you to our sponsors! ...

27 Maalis 1h 24min

Bits + Bips: Why Iran Is Trump’s Greatest Taco. Plus, Is Elon’s TeraFab ‘Bullshit’?

Trump pulled off a five-day ceasefire nobody expected. Ram calls it the greatest TACO of his career. --- Thank you to our sponsor: Nexo — the premier digital wealth platform. Receive interest on yo...

25 Maalis 1h 2min

Bits + Bips: What Iran, Oil Shocks, and No Rate Cuts Mean for Crypto

Bitcoin dropped under $69K even as the SEC and CFTC create more clarity for crypto, and agentic commerce looks like it will reshape the sector. --- Thank you to our sponsor, MultiChain Advisors --...

23 Maalis 42min

Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?

Adeniyi Abiodun, co-founder and CPO of Mysten Labs, walks through how Hashi works and how it differs from the competition. Can it succeed where others have failed? Nexo is the premier digital wealth...

20 Maalis 30min

Uneasy Money: Should DeFi Frontends Block High Slippage Swaps?

The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.” Thank you to our sponsor...

20 Maalis 1h 15min