Kurt Metzger

This part of episode #2265 survives only as fragmentary automatic transcription. Sentences break off partway, topics change abruptly, and no speaker is labeled. The account below follows the threads that can be traced through the fragments. It does not name who said what, and where the transcript is too garbled to tell what a figure or claim refers to, the article says so.

One thread that keeps coming back is the "Hawk Tuah" coin and meme-coin speculation generally. Early on, someone jokes about being "heavily invested in hock to a coin". The conversation then asks how a celebrity-backed token rips off its fans. The answer offered is that a pump-and-dump depends on later buyers absorbing the losses.

The pump is for other idiots. I mean it's built in that another idiot's gonna shoulder the boy the whatever happens

Dollar figures come up, but the transcript does not make clear what they measure. It mentions "five billion" and "1.5 billion", says the wallet "who started it" would rank first, and suggests the public figure attached to the coin is taking the blame even though someone else may have built it. Later the talk turns to a coin "now it's worth like 17 million dollars" and to the FTX collapse as a reason people call for regulation. Which coin each number belongs to is not recoverable from the fragments.