14 Takes on Shiba Inu Coin

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 29 October 2021

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is sponsored by NYDIG. NLW today provides 14 different takes on shiba inu coin (SHIB) that reflect the range of perspectives across the crypto community, including: “You could have been a billionaire if…” This plays into regulator’s hands “If it only goes to a dollar…” Are the institutions really coming in? At what point do we take memes seriously? Market nihilism And more! NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW. Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Irina Vaneeva/iStock/Getty Images Plus, modified by CoinDesk.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome back to The Breakdown with me, NLW.
0:09.3	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:16.3	The breakdown is sponsored by Nidig and produced and distributed by CoinDes.
0:22.6	What's going on, guys? It is Thursday, October 28th, and yes, we are actually doing it. There is
0:29.7	so little else to talk about, and I have done so many regulation shows in a row that here we are
0:35.8	talking about Shib, or Sh Shib or however you pronounce it.
0:41.4	And maybe you get from my lack of knowing the pronunciation where I start with this. However,
0:46.5	I'm going to endeavor to give lots of different perspectives on this. It would be too easy to lean
0:52.7	all the way into one critique or one dismissal, and I've even
0:56.4	joked about why one should dismiss it on the show before. But that's what we're going to do for today.
1:01.2	I will take no offense if you calmly turn this off and wait for tomorrow's show. For those of you
1:06.6	who are still with me, here's the background. Doge is obviously the meme that won't die.
1:12.1	Doge coin has been around so much longer than so many of its illustrious shit coin relatives,
1:17.2	and at some point someone decided that it would be right to make a Doge coin killer.
1:21.9	If this meme has legs enough for one coin, what about for multiple?
1:26.1	The Shiba Inu coin was first minted in August of last year,
1:29.9	but where most people started paying attention was the dog coin explosion in April and May of this
1:36.3	year. They were all taking advantage of the Dogecoin pump that was, of course, driven by,
1:42.0	in large part, Elon Musk talking about it incessantly on Twitter.
1:46.2	Around that time, again, April May of this year, we had Dogecoin Cash, Kisha Inu, Underdog,
1:51.4	Rendog, Doj, Dojette, Doge Fai, Doge Swap, Mona coin, and Kat.
1:55.8	Sheba stood out, I guess, as seemingly more serious or at least trying to be, right?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.