Episode Details
| Title | The AI Memecoin Meta, ETH vs SOL & Stripe's Bridge Acquisition | Hivemind |
|---|---|
| Date | 10/26/2024 |
| Podcast | Empire ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - Stablecoins are seen as a transformative technology for financial services, with major players like Stripe investing heavily in the space. They are viewed as potentially safer than traditional bank deposits, especially in light of recent banking issues.
- “Patrick Collison, the founder of Stripe's statement about it afterwards. He said, I think the quote was stable coins are room temperature semiconductors for financial services.” - Jose (43:53)
- “So if you have and stable quotes are actually safer because you're owning, like, the actual treasury, so you don't have, like, the 250 k FDIC limit when, like, when SVB went under.” - Duncan (50:24)
- 🟢 $SOL - 🔒
- 🟢 $MEME - 🔒
Bearish:
- 🔻 $BONDS - 🔒