Nick Navis

What do you do when you're not digging into the smarmy back corners of the crypto world?

Yes, keep them quarantined. Zeke says that first revolution that helped spawn our meme coin filled moment was a cultural one. The one where Dogecoin helped marry the world of memes to the world of crypto. But the second revolution was a technological leap. It came a few years later with the invention of a brand new blockchain called Ethereum.

Yes, keep them quarantined. Zeke says that first revolution that helped spawn our meme coin filled moment was a cultural one. The one where Dogecoin helped marry the world of memes to the world of crypto. But the second revolution was a technological leap. It came a few years later with the invention of a brand new blockchain called Ethereum.

Yes, keep them quarantined. Zeke says that first revolution that helped spawn our meme coin filled moment was a cultural one. The one where Dogecoin helped marry the world of memes to the world of crypto. But the second revolution was a technological leap. It came a few years later with the invention of a brand new blockchain called Ethereum.

And this new Ethereum blockchain helped set off a massive surge in new cryptocurrencies starting around 2017 or so. They were called initial coin offerings or ICOs. And these coins were often framed as useful new technologies, cryptocurrencies that would have some sort of real world utility.

And this new Ethereum blockchain helped set off a massive surge in new cryptocurrencies starting around 2017 or so. They were called initial coin offerings or ICOs. And these coins were often framed as useful new technologies, cryptocurrencies that would have some sort of real world utility.

And this new Ethereum blockchain helped set off a massive surge in new cryptocurrencies starting around 2017 or so. They were called initial coin offerings or ICOs. And these coins were often framed as useful new technologies, cryptocurrencies that would have some sort of real world utility.

It's Bitcoin for farmers. Yeah.

It's Bitcoin for farmers. Yeah.

It's Bitcoin for farmers. Yeah.

You can see that same quintessential pattern playing out again here. An era of utopian promises turning into a whirlwind of fraudful deceit.

You can see that same quintessential pattern playing out again here. An era of utopian promises turning into a whirlwind of fraudful deceit.

You can see that same quintessential pattern playing out again here. An era of utopian promises turning into a whirlwind of fraudful deceit.

But then came the third revolution that helps explain how we got to our current meme coin moment. And this one had both a cultural element and a technological one. The cultural part happened around the time of the COVID-19 lockdowns, when a bunch of bored day traders stuck at home started banding together to buy meme stocks. Companies like AMC and GameStop.

But then came the third revolution that helps explain how we got to our current meme coin moment. And this one had both a cultural element and a technological one. The cultural part happened around the time of the COVID-19 lockdowns, when a bunch of bored day traders stuck at home started banding together to buy meme stocks. Companies like AMC and GameStop.

But then came the third revolution that helps explain how we got to our current meme coin moment. And this one had both a cultural element and a technological one. The cultural part happened around the time of the COVID-19 lockdowns, when a bunch of bored day traders stuck at home started banding together to buy meme stocks. Companies like AMC and GameStop.

This was the marriage of meme culture and the entire stock market.

This was the marriage of meme culture and the entire stock market.

This was the marriage of meme culture and the entire stock market.

But as we have learned in the cyclical history of crypto, number that go up must eventually come down. Which is exactly what happened in November of 2022. That's when it was revealed that the founder of crypto exchange FTX, Sam Bankman-Fried, had been secretly using billions of dollars of customer funds to make massive risky bets.