Podcast

Memecoins, Macro, And AI with Crypto Billionaire Arthur Hayes & Murad Mahmudov

November 8, 2024, 4:37 PM
Memecoins, Macro, And AI with Crypto Billionaire Arthur Hayes & Murad Mahmudov
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Unpacking the effects of Trump's election victory, the memecoin thesis, and more

Memecoins are absolutely dominating mindshare in today's crypto economy. While they might be easy to dismiss as passing fads, there appears to be something bigger happening here which we wanted to explore.

So, we sat down with Arthur Hayes and Murad Mahmudov to discuss the unique structure of memecoins as a new asset class designed for a generation deeply immersed in social media and digital interaction: Zoomers themselves.

We started discussing the recent Trump victory and the idea of a DeFi renaissance, with revenue generating cryptoassets being potentially favorable. However, both Murad and Arthur had thoughts which suggested this isn't exactly the case...for now. We went on to discuss how memecoins bypass the technical complexity of DeFi, focusing instead on creating spaces where online communities gather, trade, and rally around shared ideals. As macro forces like money printing and inflation reshape global markets, memecoins have been one of the largest beneficiaries in terms of growth.

We asked Murad how he plans to exit, why Arthur is an ETH maxi vs. Murad's BTC maximalism, the Ethereum vs. Solana discourse, as well as the speculation on AI memecoins.

From Murad's take on the potential for memecoins to sustain multiple market cycles to his bold predictions on AI’s role in DeFi’s future, this discussion was very straight-to-the-point, no BS.

Enjoy.

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