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 YouTube show: https://www.youtube.com/@ProofofPod?app=desktop

Join us at Haman Nature! https://hamannature.substack.com/

Adam's other podcast: https://naturalorderpodcast.com/