Episode Details

Steady Lads #55 • Jump Dump & Memecoin Drama! w/ Paul Sztorc
8/9/2024
Steady Lads

Key Insights

Bullish:

  • 🟢 $BTC - Discussing the potential of Bitcoin's network effect and its appeal to both existing and new users.
    • Bitcoin will be go it has the network effect, and it has whatever Donald Trump and who and Michael sale Saylor, their savior. And, if you buy Bitcoin, you get to suck Michael Saylor's dick or whatever. So that will be enough to just get everyone...” - Paul (0:00)
    • Well, you know, I started this company because everyone in Bitcoin has just given up on the goal of making Bitcoin something that 8,000,000,000 people would use, and that would change the world. And instead, people are settling for something very, very, very small, which is just something that there's only 21,000,000 units of.” - Paul (0:00)
    • I think there'll be something new that it is that is, like, sort of calculated to appeal to not only the the existing network effects people, but also just new users because there's gotta be a rotation when you when you you have your investing hat. So you think, okay. I'll buy this for $10, but then the price will go to a $100, and then the price will go to a $1,000.” - Paul (0:00)

Bearish:

  • 🔻 $ETH - 🔒
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