N/A

And when you found some of these people, did they tell you why they had bought this token? No.

And when you found some of these people, did they tell you why they had bought this token? No.

Can you give me an example of one of these people that they'd run afoul of regulators before and were sort of excited about?

Can you give me an example of one of these people that they'd run afoul of regulators before and were sort of excited about?

His name sounds sort of familiar.

His name sounds sort of familiar.

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.