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

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Manage episode 423576799 series 1822984
Contenuto fornito da Laura Shin. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Laura Shin o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

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!

Guest

Links

Previous coverage of Unchained on memecoins:

The book:

Meme culture

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

712 episodi

Artwork
iconCondividi
 
Manage episode 423576799 series 1822984
Contenuto fornito da Laura Shin. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Laura Shin o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

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!

Guest

Links

Previous coverage of Unchained on memecoins:

The book:

Meme culture

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

712 episodi

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