David MEDLEY Explains Trump Coin on a crossover episode with Proof of Pod | HN106
On this episode of Haman Nature, we are sharing an appearance Adam made on David Medley's Proof of Pod podcast. Links below! 00:00 — Intro. 01:03 — David introduces Trump's meme coin ($TRUMP) and it's history. What is this all about? 12:20 — Who is the "greater fool"? What is the purpose of release schedules? What's the backdrop of meme coins? Is it all a grift? Or is this just entertainment? Are there actual use cases? 22:35 — Is this Hayek's "competing currency" vision? Or is this just speculative asset bubbles fueled by fiat money? How is all this impacted by the Federal Reserve? What about regulation? 32:10 — Adam pronounces $TRUMP correctly. Also, what are finance contribution considerations for politicians and meme coins or NFTs? 37:04 — Adam presses David for his opinion of meme coins. Are they a form of gambling? 41:17 — Adam asserts that these meme coins are a symptom of fiat money or credit bubbles. Also, the topic of finance contribution is revisited. 50:30 — Ross Free! It's a big win for cryptocurrency! 53:30 — Outro David Medley's Proof of Pod Adam's other podcast: Natural Order Podcast This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe