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👤 PersonAppearances Over Time
Podcast Appearances
I remember this guy. Yep, the $6 million banana.
I remember this guy. Yep, the $6 million banana.
Sounds like Justin Sun effectively bought himself leniency from the SEC. Yeah.
Sounds like Justin Sun effectively bought himself leniency from the SEC. Yeah.
So this company is creating new appearances of conflicts of interest. But I'm trying to understand, what does World Liberty Financial actually do with the money that they raise from the tokens that you're describing?
So this company is creating new appearances of conflicts of interest. But I'm trying to understand, what does World Liberty Financial actually do with the money that they raise from the tokens that you're describing?
Like JP Morgan buying up a lot of euros.
Like JP Morgan buying up a lot of euros.
Right. Basically, the president sent a message about his administration's policies, in this case, Ether, that led pretty directly to his family's company making a bunch of money, at least on paper.
Right. Basically, the president sent a message about his administration's policies, in this case, Ether, that led pretty directly to his family's company making a bunch of money, at least on paper.
Oh, good. Another coin to understand. What is a stable coin?
Oh, good. Another coin to understand. What is a stable coin?
a dollar value that is always the same. So if I have 50 stable coins today, they will be worth $50 today, tomorrow, presumably six months from now.
a dollar value that is always the same. So if I have 50 stable coins today, they will be worth $50 today, tomorrow, presumably six months from now.
I mean, it sounds like cash. That's what this sounds like.
I mean, it sounds like cash. That's what this sounds like.
Okay, so I understand what a stablecoin is based on that explanation, but why does World Liberty Financial want to be in the stablecoin business?
Okay, so I understand what a stablecoin is based on that explanation, but why does World Liberty Financial want to be in the stablecoin business?
And does any of that intersect with any policymaking that Trump is working on right now?