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CoinDesk Podcast Network

BREAKDOWN: 14 Takes on Shiba Inu Coin

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 28 October 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

Is it a playback of 2017 ICO madness or is there something more significant here? 

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.

-

“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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:45.6

That's audible.com slash Wondery UK.

0:53.9

Welcome back to The Breakdown with me, NLW.

0:59.0

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

1:06.0

The breakdown is sponsored by Nidig and produced and distributed by CoinDes.

1:12.3

What's going on, guys? It is Thursday, October 28th, and yes, we are actually doing it. There is so

1:20.0

little else to talk about, and I have done so many regulation shows in a row that here we are

1:25.5

talking about Shib, or Sh Shib or however you pronounce it.

1:31.1

And maybe you get from my lack of knowing the pronunciation where I start with this. However,

1:36.2

I'm going to endeavor to give lots of different perspectives on this. It would be too easy to

1:42.2

lean all the way into one critique or one dismissal, and I've even

1:46.1

joked about why one should dismiss it on the show before. But that's what we're going to do for

1:50.2

today. I will take no offense if you calmly turn this off and wait for tomorrow's show.

...

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